37-2-106. Existing ownership of pharmacy. The provisions of 37-2-103(1) do not apply to a medical practitioner with respect to any interest that the medical practitioner owns on July 1, 1971. However, transfer of this interest to another person results in immediate termination of the exemption.

Terms Used In Montana Code 37-2-106

  • Medical practitioner: means any person licensed by the state of Montana to engage in:

    (a)the practice of medicine, dentistry, osteopathy, podiatry, or optometry;

    (b)the practice of pharmacy and authorized to:

    (i)prescribe immunizations pursuant to 37-7-105; or

    (ii)prescribe drugs pursuant to 37-7-106 or in accordance with a collaborative pharmacy practice agreement; or

    (c)a nursing specialty as described in 37-8-202 and in the licensed practice to administer or prescribe drugs. See Montana Code 37-2-101

  • Person: means any individual and any partnership, firm, corporation, association, or other business entity. See Montana Code 37-2-101
  • Pharmacy: has the meaning provided in 37-7-101. See Montana Code 37-2-101