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Indiana Code Title 25. Professions and Occupations § 25-26-14-1.8

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 1.8. As used in this chapter, “authorized distributor” means a wholesale drug distributor with which a manufacturer has established an ongoing relationship to distribute the manufacturer's products.  For purposes of this section, an ongoing relationship exists between a wholesale drug distributor, including any affiliated group (as defined in Section 1504  [FN1] of the Internal Revenue Code) of which the wholesale distributor is a member, and a manufacturer if the wholesale drug distributor:

(1) has a written agreement currently in effect with the manufacturer evidencing an ongoing relationship;

(2) is listed on the manufacturer's current monthly updated list of authorized distributors;  or

(3) has a verifiable account with the manufacturer and a minimal transaction or volume requirement limit of:

(A) five thousand (5,000) units per company in the previous twelve (12) months;  or

(B) twelve (12) purchases at the manufacturer's minimum purchasing requirement per invoice in the previous twelve (12) months.

1  26 U.S.C.A. 1504
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Cite this article: FindLaw.com - Indiana Code Title 25. Professions and Occupations § 25-26-14-1.8 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-25-professions-and-occupations/in-code-sect-25-26-14-1-8/

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