§ 15–1607
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 15-1607 (2026)
Title 15. Health Insurance
Subtitle 16. Pharmacy Benefits Managers
§ 15–1607LinkCopy Citation
(a)
Subject to the applicable hearing provisions of Title 2 of this article, the Commissioner may deny a registration to a pharmacy benefits manager applicant or refuse to renew, suspend, or revoke the registration of a pharmacy benefits manager if the pharmacy benefits manager, or an officer, director, or employee of the pharmacy benefits manager:
(1)
makes a material misstatement or misrepresentation in an application for registration;
(2)
fraudulently or deceptively obtains or attempts to obtain a registration;
(3)
in connection with the administration of pharmacy benefits management services, commits fraud or engages in illegal or dishonest activities; or
(4)
violates any provision of this part or a regulation adopted under this part.
(b)
This section does not limit any other regulatory authority of the Commissioner under this article.