43-15.1-05. Out-of-state wholesale drug distributor and pharmacy distributor licensing requirements - Penalty

43-15.1-05. Out-of-state wholesale drug distributor and pharmacy distributor licensing requirements - Penalty. 1. An out-of-state wholesale drug distributor or pharmacy distributor or a principal or agent of the distributor may not conduct any business in this state unless the distributor has obtained a license to do so from the board and paid the fee required by the board. 2. Application for a license under this section must be made on a form furnished by the board. 3. The issuance of a license under this section does not change or affect tax liability imposed by this state on any out-of-state wholesale drug distributor or pharmacy distributor. 4. The board, by rule, may license out-of-state wholesale drug distributors or pharmacy distributors on the basis of reciprocity to the extent that an out-of-state wholesale drug distributor or pharmacy distributor: a. Possesses a valid license granted by another state pursuant to legal standards comparable to those of this state which must be met for obtaining a license under the laws of this state; and b. Shows that the other state would extend reciprocal treatment under its own laws to a wholesale drug distributor or pharmacy distributor of this state. 5. A person who violates this section is guilty of a class C felony.