Okla. Admin. Code § 475:10-1-20 - [Effective until 9/14/2025] Modification of registration
(a) Any registrant
may apply to modify the registration to authorize the handling of additional
controlled dangerous substances by submitting a request to the Registration
Division of the OBN. The request shall contain the registrant's name, address,
state and federal registration numbers as printed on the registrant's State of
Oklahoma and Federal Certificates of Registration, the substances and/or
schedules to be added to the registration, and shall be certified by the
registrant. If the registrant is seeking to handle additional controlled
dangerous substances listed in Schedule I of the Uniform Controlled Dangerous
Substances Act for the purpose of analytical laboratory activities, scientific
research, or institutional instructional activities, the registrant shall
attach one (1) copy of the protocol describing each anticipated activity
involved with the additional substances or, in the event of institutional
instructional activities, a statement describing the nature, extent, and
duration of such institutional instructional activity, as appropriate. No fee
shall be required to be paid for the modification.
(b) Change of name, address, or ownership
shall require a new registration for all businesses. Notice shall be submitted
using the online registration portal at the same time changes are submitted to
the professional or occupational licensing board or authority. Failure to
notify the Bureau of pending changes or making changes prior to approval by the
Bureau may result in the automatic termination of the original registration
pursuant to 63 O.S. § 2-302(L) in addition to other administrative or
criminal penalty.
(1) A change of ownership
occurs when:
(A) Any new beneficial owner, not
previously recorded on the registration, is added to the business; or
(B) A change in the form of ownership occurs
(for example, from a sole proprietor ownership to a partnership, limited
liability company, or corporation).
(2) For publicly traded corporations, a
routine sale of stock is not a change of ownership. (Note: a publicly traded
corporation is a corporation owned by stockholders who are members of the
general public and who trade shares publicly, often through a listing on a
stock exchange. Publicly traded corporations do not include any entity engaged
in activities involving federally prohibited substances.)
(3) A change to the registered business name
as a result of government entities making changes to the name or to correct
typographical errors does not require a new registration.
(c) Any change in the existing ownership
structure of a registered entity shall be reported to the OBN Registration
Division within one (1) business day. Publicly traded entities shall report any
change to the Board of Directors, Officers, or other similar controlling body
or persons, but shall only require a new registration when the ownership of an
individually registered location changes inside the lowest two levels of the
publicly traded entity.
(d) OBN
registrations are only valid for the individual or entity to which the
registration is issued including all beneficial owners of a registered entity
or business. An OBN registration shall never be utilized by another individual
or entity unless specifically authorized to do so by this Title or the Uniform
Controlled Dangerous Substances Act. This provision shall be strictly construed
to guard against theft and diversion of controlled dangerous
substances.
Notes
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