Mich. Comp. Laws § 333.17742

Current through Public Act 171 of the 2024 Legislative Session
Section 333.17742 - Disclosure; "applicant" defined
(1) The board may require an applicant or the holder of a pharmacy, manufacturer's, wholesale distributor's, or wholesale distributor-broker's license to fully disclose the identity of each partner, stockholder, officer, or member of the board of directors of the pharmacy, manufacturer, wholesale distributor, or wholesale distributor-broker, as applicable.
(2) As used in this section and sections 17742a, 17748, 17748a, 17748e, and 17768, "applicant" means a person applying for a pharmacy, manufacturer's, wholesale distributor's, or wholesale distributor-broker's license under this article. Applicant includes only 1 or more of the following:
(a) An individual, if the person applying is an individual.
(b) All partners, including limited partners, if the person applying is a partnership.
(c) All stockholders, officers, and members of the board of directors, if the person applying is a privately held corporation.

MCL 333.17742

Amended by 2020, Act 142,s 8, eff. 7/14/2020.
Amended by 2020, Act 4,s 8, eff. 4/26/2020.
Amended by 2014, Act 280,s 8, eff. 9/30/2014.
Add. 1987, Act 250, Imd. Eff. 12/28/1987.