Ky. Rev. Stat. Ann. § 315.350 – License required for medical gas wholesaler operating within state -- Fee -- Recordkeeping -- Penalty for noncompliance -- Administrative regulations.

(1) A medical gas wholesaler, whether located within the Commonwealth or operating within the Commonwealth from a location outside the Commonwealth, shall be licensed by the board. Each license application shall be accompanied by a fee which shall:
1. (a) Be prescribed by administrative regulation promulgated by the board in an amount not to exceed two hundred fifty dollars ($250); and
2. (b) Not be increased by more than twenty-five dollars ($25) per year.
(2) A medical gas wholesaler shall be required to maintain accurate records of all drugs handled. Records shall be made available to agents of the board for inspection upon request.
(3) Failure to report to the board or willful submission of inaccurate information shall be grounds for disciplinary action under KRS 315.121.
(4) The board shall promulgate administrative regulations to specify the criteria for licensure and discipline of a medical gas wholesaler.

Effective: June 29, 2017

History: Created 2017 Ky. Acts ch. 136, sec. 10, effective June 29, 2017. Legislative Research Commission Note (6/29/2017). In codification, the Reviser of Statutes has corrected a manifest clerical or typographical error by inserting the inadvertently omitted words "accompanied by" in subsection (1) of this statute as created in 2017 Ky. Acts ch. 136, sec. 10 under the authority of KRS 7.136(1)(h).