.12 Lapse of Dispensing Permit.

A. A permit automatically lapses if the permit holder:

(1) Dies;

(2) Fails to retain a valid and active Maryland medical license;

(3) Fails without good cause to file the annual report required by Health Occupations Article, §12-102(c)(2)(ii)4L, Annotated Code of Maryland, within 15 days of the anniversary date of the date the permit was issued; or

(4) Fails without good cause to notify the Board of a change of address as required by Health Occupations Article, §14-316(f), Annotated Code of Maryland.

B. A lapsed permit may not be reinstated.

C. The lapse of a permit is not in itself a bar to filing an application for a new permit.