Termination of Business

PURPOSE: This rule establishes guidelines for terminating business as a third-party logistics provider or drug outsourcer. (1) A licensed third-party logistics provider or drug outsourcer must notify the board within fifteen (15) days after terminating business in Missouri. Notification must be in writing or on a form provided by the board and include the following information: (A) The name, address, license number, and effective date of closure; (B) The name, address, and license number of the entity to which any of the stock/inventory will be transferred; and (C) The name and address of the location where records required to be maintained by law will be transferred. (2) Licensees terminating business may transfer all drugs and records in accordance with the following: (A) Misbranded, outdated, or adulterated drugs may not be transferred, except for purposes of proper disposal; (B) The entity’s Missouri license must be returned to the board either in person or by registered or certified mail; and (C) Any records transferred to an unlicensed location must be retrievable for board review within seven (7) working days of a request made by an authorized official of the board. (3) This rule does not preempt any other laws or regulations governing third-party logistic (3PL) or drug outsourcer licensure, change of ownership, change of location, or change of name. AUTHORITY: sections 338.140, 338.150, 338.280, and 338.350, RSMo 2016, and sections 338.315, 338.330, 338.333, 338.337, and 338.340, RSMo Supp. 2018.* Original rule filed Nov. 28, 2018, effective May 30, 2019. *Original authority: 338.140, RSMo 1939, amended 1981, 1989, 1997, 2011; 338.150, RSMo 1939, amended 1951, 1961, 1980, 1981, 2011, 2013; 338.280, RSMo 1951, amended 1971, 1981; 338.315, RSMo 1989, amended 2011, 2012, 2014, 2018; 338.330, RSMo 1989, amended 1993, 1998, 2011, 2018; 338.333, RSMo 1989, amended 2010, 2012, 2018; 338.337, RSMo 1989, amended 2009, 2010, 2018; 338.340, RSMo 1989, amended 2018; and 338.350, RSMo 1989, amended 1993, 1995.