Disclosure; "applicant" defined.

Sec. 17742. (1) The board may require an applicant or the holder of a pharmacy, manufacturer's, wholesale distributor's, or wholesale distributor-broker's license to fully disclose the identity of each partner, stockholder, officer, or member of the board of directors of the pharmacy, manufacturer, wholesale distributor, or wholesale distributor-broker, as applicable. (2) As used in this section and sections 17742a, 17748, 17748a, 17748e, and 17768, "applicant" means a person applying for a pharmacy, manufacturer's, wholesale distributor's, or wholesale distributor-broker's license under this article. Applicant includes only 1 or more of the following: (a) An individual, if the person applying is an individual. (b) All partners, including limited partners, if the person applying is a partnership. (c) All stockholders, officers, and members of the board of directors, if the person applying is a privately held corporation.