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§ 15-2012. Disclosure of ownership or control of pharmacy services administrative organization ...

West's Annotated Code of MarylandInsuranceEffective: October 1, 2020

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 15. Health Insurance
Subtitle 20. Pharmacy Services Administrative Organizations (Refs & Annos)
Effective: October 1, 2020
MD Code, Insurance, § 15-2012
§ 15-2012. Disclosure of ownership or control of pharmacy services administrative organization to Commissioner
In general
(a) Each pharmacy services administrative organization shall disclose to the Commissioner the extent of any ownership or control of the pharmacy services administrative organization by any parent company, subsidiary, or other organization that:
(1) provides pharmacy services;
(2) provides prescription drug or device services; or
(3) manufactures, sells, or distributes prescription drugs, biologics, or medical devices.
Notification of change in ownership or control
(b) Each pharmacy services administrative organization shall notify the Commissioner in writing within 5 working days after any material change in its ownership or control relating to any company, subsidiary, or other organization described under subsection (a) of this section.

Credits

Added by Acts 2020, c. 398, § 1, eff. Oct. 1, 2020; Acts 2020, c. 399, § 1, eff. Oct. 1, 2020.
MD Code, Insurance, § 15-2012, MD INSURANCE § 15-2012
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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