(a) Unless exempt under the Act, a distributor or recipient of a precursor or apparatus must establish and maintain an inventory under this section.
(b) A distributor or recipient must conduct an initial inventory to include each precursor chemical laboratory apparatus (PCLA) that is covered by this subchapter and in stock at the time of the inventory. The distributor or recipient must conduct the initial inventory not later than the 90th day after the date the department issues the initial permit under this chapter.
(c) After the initial inventory, a distributor or recipient must conduct another inventory not later than the 24th month following the month of the last inventory.
(d) The department may deem a distributor or recipient to be in compliance with the inventory requirements of this section if the distributor or recipient:
  (1) Is a business that routinely conducts an annual inventory of all items; and
  (2) Maintains a readily retrievable record of each precursor or apparatus located during the inventory.

Source Note: The provisions of this §13.18 adopted to be effective November 6, 2016, 41 TexReg 8619