1. (a) Any person, corporation, or partnership operating a pharmacy in this state desiring to continue such operation must pay a renewal fee for the permit as established by law and/or rule.
2. (b) If the fee is not paid on or before February 1 of any even-numbered year, a penalty as defined in 17 CAR § 160-107 shall be levied for each month the pharmacy permit fee is delinquent.

3. (c) If the permit fee is unpaid by April 1 of any even-numbered year, the:

   1. (1) Licensed pharmacy shall be expunged from the records of the Arkansas State Board of Pharmacy; and

   2. (2) Owner and/or pharmacist-in-charge thereof shall, within thirty (30) days:

      1. (A) Remove all drug signs; and
      2. (B) Legally dispose of all prescription legend drugs.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: “(10/9/80, amended 6/13/85, amended 6/20/91 & 8/23/96)"