(b) If a pharmacy is to be permanently closed for any reason, the owner shall:

1. (1) notify the board not less than twenty (20) days before the transfer of any controlled substances and submit a copy of the inventory form required by the federal drug enforcement administration together with the name, address, and registration number of the person to whom the drugs will be transferred;

2. (2) remove all legend drugs from stock by:

   1. (A) returning them to the wholesaler or manufacturer if the wholesaler or manufacturer consents;
   2. (B) transferring them to another pharmacy; or
   3. (C) destroying them in the presence of a representative appointed by the board;
3. (3) before disposing of any other merchandise in the pharmacy, dispose of all controlled drugs and legend drugs as provided in clauses (1) and (2) and submit the licensed premises to an inspection by a representative of the board to certify that all legend and controlled drugs have been removed;
4. (4) remove from inside and outside the licensed area all symbols and signs using the words "drugs", "drugstore", "prescriptions", "pharmacy", "pharmacy department", "apothecary", or "apothecary shop", or any combination of such titles; and

5. (5) return the pharmacy permit for cancellation by the board within ten (10) days after all legend drugs, controlled drugs, drugs and devices are removed from the premises.

   As added by Acts 1977, P.L.276, SEC.1. Amended by P.L.147-1991, SEC.6; P.L.143-2022, SEC.62.