Section 3957.11
(A) A pharmacy benefit manager shall notify the superintendent of insurance if the pharmacy benefit manager, or any owner of the pharmacy benefit manager, is subject to administrative action by a government entity having professional, occupational, or financial authority in this or another state while the pharmacy benefit manager holds a license under this chapter. The notice shall be provided not later than thirty days after the entry date of final disposition in the matter and shall include a copy of the order, consent order, or any other relevant documents related to the matter.
(B) A pharmacy benefit manager shall notify the superintendent of insurance if the pharmacy benefit manager, or any owner of the pharmacy benefit manager, is subject to a criminal prosecution in this or another state, other than a misdemeanor traffic offense, while the pharmacy benefit manager holds a license under this chapter. The notice shall be provided not later than thirty days after the person initially appears before a judge or magistrate and shall include a certified copy of the charging document. Not later than thirty days after final disposition of the criminal prosecution, the pharmacy benefit manager shall provide to the superintendent a certified copy of the court's entry or order that reflects the final disposition of the prosecution and any other relevant document related to the prosecution.
Last updated April 13, 2026 at 11:46 AM
Available Versions of this Section
- June 30, 2026 – Enacted by House Bill 229 - 136th General Assembly [ View June 30, 2026 Version ]