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What happens when a manufacturer changes officers of the corporation?

a) No action is necessary
b) The manufacturer must notify the FDA
c) The manufacturer must notify the DEA
d) The manufacturer must notify the board

1 Answer

5 votes

Final answer:

When a manufacturer changes officers of the corporation, no action is necessary.

Step-by-step explanation:

When a manufacturer changes officers of the corporation, no action is necessary. The change in officers does not require notification to the FDA, DEA, or the board. The officers of a corporation are responsible for managing the day-to-day operations and decision-making of the company. While changes in officers may impact the internal structure and management of the corporation, they do not typically require external notifications.

For manufacturers regulated by the Food and Drug Administration (FDA), if significant changes involving ownership, corporate structure, or key officers occur, they are typically required to notify the FDA as these changes may affect the compliance status or responsibilities for regulatory activities. This is not a one-size-fits-all answer, as the need to notify may vary based on the specifics and what is being manufactured. However, generally speaking, notifying the pertinent regulatory body is an important step to ensure continuous compliance with the applicable laws and regulations.

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