What is the required bond amount for a wholesale distributor application?

The correct answer is $100,000, which is the required bond amount for a wholesale distributor application in South Dakota. This financial requirement serves several purposes, including ensuring that the distributor has a level of financial responsibility that can provide security against potential violations of laws and regulations governing the distribution of pharmaceuticals. The bond acts as a safeguard that protects both the state and the public by ensuring that the distributor operates in compliance with the regulatory standards set forth by state laws.

This high bond amount reflects the significant responsibility that wholesale distributors have in handling medications and maintaining a secure supply chain. A bond of this magnitude helps to instill confidence that the distributor will conduct business ethically and legally, protecting against financial losses that could arise from non-compliance or malpractice.