<?xml version='1.0' encoding='utf-8'?>
<section article="gin" article_name="Insurance" number="15-2012" title_number="15" title_name="Health Insurance" subtitle_number="20" subtitle_name="Pharmacy Services Administrative Organizations">
  <level label="a">
    <text>Each pharmacy services administrative organization shall disclose to the Commissioner the extent of any ownership or control of the pharmacy services administrative organization by any parent company, subsidiary, or other organization that:</text>
    <level label="1">
      <text>provides pharmacy services;</text>
    </level>
    <level label="2">
      <text>provides prescription drug or device services; or</text>
    </level>
    <level label="3">
      <text>manufactures, sells, or distributes prescription drugs, biologics, or medical devices.</text>
    </level>
  </level>
  <level label="b">
    <text>Each pharmacy services administrative organization shall notify the Commissioner in writing within 5 working days after any material change in its ownership or control relating to any company, subsidiary, or other organization described under subsection (a) of this section.</text>
  </level>
</section>
