Form DBPR-DDC-111 Prescription Drug Wholesale Distributor Surety Bond Form - Florida

What Is Form DBPR-DDC-111?

This is a legal form that was released by the Florida Department of Business & Professional Regulation - a government authority operating within Florida. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the DBPR-DDC-111 Prescription Drug Wholesale Distributor Surety Bond Form?
A: The DBPR-DDC-111 Prescription Drug Wholesale Distributor Surety Bond Form is a form required by the State of Florida for wholesale distributors of prescription drugs to obtain a surety bond.

Q: Who needs to fill out the DBPR-DDC-111 Prescription Drug Wholesale Distributor Surety Bond Form?
A: Wholesale distributors of prescription drugs operating in Florida need to fill out the DBPR-DDC-111 form.

Q: What is the purpose of the surety bond?
A: The surety bond acts as a financial guarantee to ensure that the wholesale distributor operates in compliance with applicable laws and regulations.

Q: How much is the surety bond amount?
A: The required surety bond amount is $100,000.

Q: Do I need to submit any other documents along with the surety bond form?
A: Yes, along with the surety bond form, you will also need to submit a complete application for licensure as a prescription drug wholesale distributor, including other required documents and fees.

Q: How long is the surety bond valid for?
A: The surety bond is valid for one year from the effective date.

Q: What happens if I fail to maintain the surety bond?
A: If you fail to maintain the surety bond, your license as a wholesale distributor of prescription drugs may be suspended or revoked by the State of Florida.