Sec. 164.054. ADDITIONAL REQUIREMENTS REGARDING DRUG RECORDS. (a) Each physician shall keep a record of the physician's purchase and disposal of drugs and controlled substances described by Section 164.053 (a)(2) that includes: (1) the date of purchase and the date of the sale or disposal of the drugs and controlled substances by the physician; (2) the name and address of the person receiving the drugs or controlled substances; and (3) the reason for the disposing or dispensing of the drugs or controlled substances to the person. (b) Failure to keep the records required by this section for a reasonable time constitutes grounds for revoking, canceling, suspending, or placing on probation the physician's license. (c) The board or its representative may enter and inspect a physician's place of practice during reasonable business hours to: (1) verify the accuracy of the records; and (2) perform an inventory of the prescription drugs on hand.
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