Kansas Statutes

§ 40-3826 — Statement of charges, hearing; violation; penalty

Kansas·Ch. 40 INSURANCE·Art. 38 REGULATION AND REGISTRATION OF ADMINISTRATORS
(a)If the commissioner has reason to believe that a pharmacy benefits manager has been engaged in this state or is engaging in this state in activity that violates the pharmacy benefits manager licensure act, the commissioner shall issue and serve upon such pharmacy benefits manager a statement of the charges of any such violation and conduct a hearing thereon in accordance with the provisions of the Kansas administrative procedure act.
(b)If, after such a hearing, the commissioner determines that the pharmacy benefits manager charged has violated the act, the commissioner may, in the exercise of discretion, order any one or more of the following:
(1)(A) Payment of a monetary penalty of not more than $1,000 for each and every act or violation. The total of the monetary penalties for suc

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Legislative History

L. 2006, ch. 154, § 6; L. 2022, ch. 44, § 7; July 1.

Nearby Sections

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