(a) It shall be unlawful for any nonprofit, tax exempt, or governmentally funded hospital to acquire direct or indirect interest in or otherwise hold directly or indirectly a licensed pharmacy permit pursuant to the provisions of § 17-92-405, for the sale at retail of drugs and medicines.(b)(1) However, this section does not prohibit any hospital having a direct or indirect interest in or otherwise holding either directly or indirectly a permit before March 28, 1975, from continuing to have an interest in or holding the permit.(2) This section does not prohibit any hospital so holding a permit before March 28, 1975, from receiving a renewal of the permit.(3) This section does not prohibit dispensing drugs or medications through a hospital pharmacy continuity of care endorsement or to hospital employees and students.Amended by Act 2023, No. 233,§ 2, eff. 8/1/2023.Acts 1975, No. 659, § 8; A.S.A. 1947, § 72-1061.
Arkansas Legal Code