Each pharmacy license expires on June thirtieth following the date of issuance. To renew a pharmacy license, the owner must submit a renewal application on or before June thirtieth on a form prescribed by the board, and pay the renewal fee set by the board in rules promulgated in accordance with chapter 1-26, but not exceeding two hundred dollars. If the renewal application and fee is submitted after the expiration of the license, the board must assess a fifty-dollar late fee and may reinstate the license. If a majority ownership of the pharmacy changes, the new owners must, within thirty days after ownership change:

1. (1) Submit the renewal application, indicating the change of ownership; and
2. (2) Pay the renewal fee established by the board as provided in this section.

Source: SDC 1939, § 27.1015; SL 1943, ch 105 ; SL 1953, ch 122 ; SL 1967, ch 102 , § 15; SL 2025, ch 154 , § 21; SL 2026, ch 158 , § 5.