Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In New Jersey Statutes 45:14-74

  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
35. a. All licensed pharmacy practice sites shall report to the board the occurrences of any of the following:

(1) Closing of the pharmacy practice site;

(2) Change of ownership, location, interior site design, permit classification or pharmacist-in-charge of the pharmacy practice site;

(3) Any significant theft or loss of legend drugs or devices;

(4) Disasters, accidents, any theft, destruction or loss of records required to be maintained by State or federal law;

(5) Any pharmacy malpractice liability insurance claim settlement, judgment or arbitration award in excess of $10,000 to which an owner, an employee of, or the pharmacy practice site itself is a party; and

(6) Any and all other matters and occurrences as the board may require by rule or regulation.

b. The manner, time and content of the notification shall be prescribed by rule or regulation by the board.

L.2003,c.280,s.35.