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2009 California Business and Professions Code 4154

California Codes > California Business and Professions Code > Division 2 > Chapter 9 > Article 10 > § 4154


Current as of: 2009
The board may adopt and enforce regulations to carry out the
purposes and objectives of this article, including regulations
requiring (a) that the bylaws of a pharmacy corporation shall include
a provision whereby the capital stock of the corporation owned by a
disqualified person, as defined in Section 13401 of the Corporations
Code, or a deceased person, shall be sold to the corporation or to
the remaining shareholders of the corporation within the time as the
regulations may provide, and (b) that a pharmacy corporation shall
provide adequate security by insurance or otherwise for claims
against it by its patients or clients arising out of the rendering of
professional services.


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