In this chapter, the following terms have the meanings indicated. Terms Defined. “Accrediting organization” means an entity that accredits a pharmacy benefits manager. “Applicant” means a pharmacy benefits manager that is applying for a registration from the Commissioner to act as a pharmacy benefits manager in Maryland. “Commissioner” means the Maryland Insurance Commissioner. “Pharmacy and therapeutics committee” has the meaning stated in Insurance Article, §15-1601, Annotated Code of Maryland. “Pharmacy benefits manager” has the meaning stated in Insurance Article, §15-1601, Annotated Code of Maryland.