Section 17B:27F-10 - [Effective 1/1/2025] Violations, penaltiesa. A pharmacy benefits manager that violates any provision of P.L.2015, c.179 (C.17B:27F-1 et seq.) shall be subject to a penalty in an amount not exceeding the greater of: (1) a penalty of $5,000 for a first violation and a penalty of $10,000 for each subsequent violation; or(2) the aggregate gross receipts attributable to all violations.b. In addition to any other penalties permitted by law, the Commissioner of Banking and Insurance may require a pharmacy benefits manager that violates the provisions of P.L.2015, c.179 (C.17B:27F-1 et seq.) to make restitution and pay compensatory damages, in an amount to be determined by the commissioner, to any person injured by the violation.Amended by L. 2023, c. 107, s. 12, eff. 1/1/2025, app. to contracts and agreements entered into, renewed, modified, or amended on or after the effective date.Added by L. 2019, c. 274, s. 7, eff. following the promulgation of regulations by the Department of Banking and Insurance implementing that section.This section is set out more than once due to postponed, multiple, or conflicting amendments.