124B.4 - VENDOR REPORTING.
124B.4 VENDOR REPORTING.
1. At least twenty-one days prior to the delivery of a precursor
substance to a recipient, the vendor shall submit a report of the
transaction to the board. The report must contain the identification
information specified under section 124B.3. However, if regular,
repeated transactions of a particular precursor substance occur
between the vendor and the recipient, the board may authorize the
vendor to report the transactions monthly if either of the following
conditions exists:
a. A pattern of regular supply of the precursor substance
exists between the vendor and the recipient.
b. The recipient has established a record of lawfully using
the precursor substance.
2. A vendor who does not submit a report pursuant to this section
commits a serious misdemeanor. Section History: Recent Form
90 Acts, ch 1251, §13
C91, § 204B.4
C93, § 124B.4
Referred to in § 124B.6