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Which of the following statement(s) is/are TRUE under the Vermont State Pharmacy Law?
 
I. All drug outlets shall biennially register with the board of pharmacy.
 
II. Any nonpublic corporation owning a retail or institutional drug outlet, upon application, shall declare all owners of five percent or more of the stock of the corporation.
 
III. Retail and institutional drug outlets shall be managed by licensed pharmacists who have held an unrestricted license in this or another state for at least 3 years.
 
a. I only
b. I and II only
c. All
d. None of the above


Which of the following statement(s) is/are TRUE under the Vermont State Pharmacy Law?
 
I. All drug outlets shall biennially register with the board of pharmacy.
 
II. Any nonpublic corporation owning a retail or institutional drug outlet, upon application, shall declare all owners of five percent or more of the stock of the corporation.
 
III. Retail and institutional drug outlets shall be managed by licensed pharmacists who have held an unrestricted license in this or another state for at least 3 years.
 
a. I only
b. I and II only
c. All
d. None of the above

Answer: I and II only, [Vermont Statues Title 26 Chapter 36 Section 2061].
 
(a). All drug outlets shall biennially register with the board of pharmacy.
 
(b). Each drug outlet shall apply for a license in one of the following classifications:
 
(1). Retail drug outlet;
 
(2). Institutional drug outlet;
 
(3). Manufacturing drug outlet;
 
(4). Wholesale drug outlet or wholesale drug distributor;
 
(5). Investigative and research projects.
 
(c). No individual who is employed by a corporation which is licensed under any classification listed in subsection (b) of this section need obtain a license under the provisions of this subchapter.
 
(d). The board shall establish by rule under the powers granted to it under section 2032 of this title and 3 V.S.A. chapter 25, the criteria which each drug outlet, that has employees or personnel engaged in the practice of pharmacy, must meet to qualify for licensure in each classification designated in subsection (b) of this section.
 
The board may issue various types of licenses with varying restrictions to such outlets referred to in this subsection where the board deems it necessary by reason of the type drug outlet requesting a license.
 
(e). Retail and institutional drug outlets shall be managed by licensed pharmacists who have held an unrestricted license in this or another state for at least one year (Not 3 years). A pharmacist who holds a restricted license may petition the board for permission to be a pharmacist manager, which may be granted by the board for good cause shown.
 
(f). Any nonpublic corporation owning a retail or institutional drug outlet, upon application, shall declare all owners of five percent or more of the stock of the corporation.
 
Source:www.pharmacyexam.com