When do pharmacy permits typically expire?

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Pharmacy permits in South Dakota typically expire on June 30 annually. This expiration date aligns with the state’s fiscal year, which runs from July 1 to June 30. The practice of having permits expire at the end of the fiscal year is common and serves to streamline the permit renewal process for both the pharmacy and regulatory authorities. This timing allows pharmacies to manage their licensing and permit requirements in conjunction with other annual business reviews and regulatory compliance activities.

The options that suggest different expiration dates do not reflect the state’s established practice. For example, an expiration on December 31 or January 1 does not align with South Dakota's fiscal year, while an expiration on the last day of the month issued could lead to inconsistent and cumbersome tracking of permits across different pharmacies. Therefore, the choice indicating a June 30 expiration is correct and consistent with the state's regulatory framework.

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