Final answer:
The transferor does not need to surrender all controlled substance records to the transferee.
Step-by-step explanation:
The statement is False.
When a transfer of controlled substance records occurs, the transferor is not required to surrender all of their records to the transferee. Instead, the transferor must maintain and make available all required records for inspection by the DEA.
For example, if a pharmacy transfers its controlled substance records to another pharmacy, the original pharmacy would still need to retain copies of those records in case they are audited by the DEA.