Current with changes from the 2024 Legislative Session
Section 15-1607 - Denials, suspensions, revocations, and refusals to renew(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.Amended by 2018 Md. Laws, Ch. 451,Sec. 1, eff. 6/1/2018.