(a) The Board shall specify by rule the licensure procedures to be followed, including but not limited to specification of forms for use in applying for such licensure and times, places, and applicable fees.

(b) Applicants for licensure to distribute, manufacture, sell, purchase, and/or produce drugs or devices within Guam shall file

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with the Board of Pharmacy a verified application containing such information as the Board requires of the applicant relative to the qualifications for a license.

(c) Licenses issued by the Board pursuant to this Act shall not be transferable or assignable.

(d) The Board shall specify by rule minimum standards for responsibility of any person or Pharmacy that has employees or personnel engaged in the Practice of Pharmacy, manufacture, distribution, production, sale, or use of drugs or devices in the conduct of their business. If the licensed person is a Pharmacy located in Guam, that portion of the facility to which such license applies shall be operated only under the direct supervision of a Pharmacist licensed to practice in Guam.