What is the maximum period a new owner can operate under the previous owner's license?

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Study for the Minnesota MPJE. Use practice exams and multiple choice questions with detailed explanations. Prepare effectively for success!

A new owner can operate under the previous owner's license for a maximum period of 14 days. This provision is designed to provide a temporary allowance for the new owner to conduct operations while they complete the necessary steps to obtain their own pharmacy license.

During this 14-day period, the new owner must submit a license application to the appropriate regulatory authority to ensure that they are compliant with state laws and regulations governing pharmacy operations. This policy facilitates a smoother transition and minimizes disruptions to the pharmacy's services.

In Minnesota, adhering to this 14-day timeframe is crucial, as operating beyond this period without a valid license could result in regulatory penalties. Understanding this timeframe and the requirement to act swiftly in obtaining a new license is key for pharmacy operators when ownership changes occur.