N.M. Admin. Code § 16.19.21.25 - DISTRIBUTION UPON TRANSFER OR DISCONTINUANCE OF BUSINESS
A. Upon transfer of a business from one owner
to another, the owner may dispose of the drug precursors in the following
manner:
(1) have the drug precursor destroyed
as discussed in
16.19.21.24 NMAC;
(2) transfer the drug precursors to the new
owner. All records required to be kept by the registrant-transferor with
reference to the drug precursors being transferred shall be transferred to the
registrant-transferee. Responsibility for the accuracy of records prior to the
date of transfer remains with the transferor, but responsibility for custody
and maintenance shall be upon the transferee.
B. Upon discontinuance of business, if there
are drug precursors which are not transferred to another registrant, these
substances shall be handled as unwanted drug precursors under
16.19.21.24 NMAC.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.