§ 3312 — Application for initial license

§ 3312. Application for initial license. 1. An applicant for an\ninitial license to manufacture or distribute controlled substances shall\nfurnish to the department such information as it shall require and\nevidence that the applicant:\n (a) and its managing officers are of good moral character;\n (b) possesses sufficient land, buildings and equipment to properly\ncarry on the activity described in the application;\n (c) is able to maintain effective control against diversion of the\ncontrolled substances for which the license is sought;\n (d) is able to comply with all applicable state and federal laws and\nregulations relating to the manufacture or distribution of the\ncontrolled substances for which the license is sought.\n 2. The application shall include the name, residence address and title\nof each of the officers and directors and the name and residence address\nof any person having a ten percentum or greater proprietary, beneficial,\nequitable or credit interest in the applicant. Each such person, if an\nindividual, or lawful representative if a legal entity, shall submit an\naffidavit with the application setting forth:\n (a) any position of management or ownership during the preceding ten\nyears of a ten percentum or greater interest in any other business,\nlocated in or outside this state, manufacturing or distributing drugs;\nand\n (b) whether such person or any such business has been convicted,\nfined, censured or had a license suspended or revoked in any\nadministrative or judicial proceeding relating to or arising out of the\nmanufacture or distribution of drugs; and\n (c) such other information as the commisisoner may require.\n 3. The applicant shall be under a continuing duty to report to the\ndepartment any change in facts or circumstances reflected in the\napplication on any newly discovered or occurring fact or circumstance\nwhich is required to be included in the application.\n