(a) A pharmacy benefits manager's license may be revoked, suspended or limited, the licensee may be censured or placed under probationary conditions or an application for a license or for reinstatement of a license may be denied upon a finding that the: (1) Applicant or licensee committed fraud or misrepresentation in applying for or securing an original, renewal or reinstated license; (2) licensee has violated any lawful rule or regulation promulgated by the commissioner or violated any lawful order or directive of the commissioner previously entered by the commissioner; (3) pharmacy benefits manager has engaged in fraudulent activity that constitutes a violation of state or federal law; (4) licensee has failed to furnish any information legally requested by the commissioner to the commissioner or the commissioner's investigators or representatives; (5) pharmacy benefits manager has been determined by the commissioner to be in violation of or noncompliance with state or federal law; or (6) pharmacy benefits manager has failed to timely submit a renewal application and the information required under K.S.A. 40-3824, and amendments thereto. In lieu of a denial of a renewal application, the commissioner may permit the pharmacy benefits manager to submit to the commissioner a corrective action plan to correct or cure any deficiencies. (b) This section shall be a part of and supplemental to the pharmacy benefits manager licensure act.
‹ Prev All Kansas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.