Section 3354A - Expiration and renewal of registration(a) A pharmacy benefits manager registration expires on May 1 after its effective date unless it is renewed as provided under this section.(b) A pharmacy benefits manager may renew its registration for an additional 1-year term if the pharmacy benefits manager otherwise is entitled to be registered and does all of the following: (1) Files with the Commissioner a registration renewal application on the form that the Commissioner requires.(2) Pays to the Commissioner a $1,000 non-refundable renewal fee.(c) An application for renewal of a pharmacy benefits manager registration is to be considered made in a timely manner if it is postmarked on or before the date the pharmacy benefits manager's registration expires.(d) The Commissioner may require additional information or submissions from a pharmacy benefits manager that may be reasonably necessary to verify the information contained in the registration renewal application.(e) Subject to § § 3355A of this title, the Commissioner shall renew the registration of each pharmacy benefits manager that meets the requirements of this section.Amended by Laws 2021, ch. 256,s 10, eff. 10/26/2021.Added by Laws 2019, ch. 115,s 4, eff. 6/1/2020.