(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.
‹ Prev All Maryland 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.