(

a) A person or entity shall not do any of the following:

(1) Purchase, trade, sell, warehouse, distribute, or transfer dangerous drugs or dangerous devices at wholesale with a person or entity that is not licensed with the board as a wholesaler, third-party logistics provider, or pharmacy.

(2) Purchase, trade, sell, or transfer dangerous drugs that the person knew or reasonably should have known were adulterated, as set forth in

Article 2 (commencing with

Section 111250) of

Chapter of Part of Division of the Health and Safety Code.

(3) Purchase, trade, sell, or transfer dangerous drugs that the person knew or reasonably should have known were misbranded, as defined in

Section of the Health and Safety Code.

(4) Purchase, trade, sell, or transfer dangerous drugs or dangerous devices after the beyond use date on the label.

(5) Fail to maintain records of the acquisition or disposition of dangerous drugs or dangerous devices for at least three years. (

b) Notwithstanding any other law, a violation of this

section may subject the person or entity that has committed the violation to a fine not to exceed the amount specified in

Section 125.9 for each occurrence, pursuant to a citation issued by the board. (

c) Amounts due from any person under this

section shall be offset as provided under

Section 12419.5 of the Government Code. Amounts received by the board under this

section shall be deposited into the Pharmacy Board Contingent Fund. (

d) This

section shall not apply to a pharmaceutical manufacturer licensed by the Food and Drug Administration or by the State Department of Public Health.