Md. Code, Insurance § 15-2005

This is the official text of Md. Code, Insurance § 15-2005, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.

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§15–2005.

Official statutory text

Subject to the applicable hearing provisions of Title 2 of this article, the Commissioner may deny a registration to a pharmacy services administrative organization or refuse to renew, suspend, or revoke the registration of a pharmacy services administrative organization if the pharmacy services administrative organization, or an officer, a director, or an employee of the pharmacy services administrative organization:

(1) makes a material misstatement or misrepresentation in an application for registration;

(2) fraudulently or deceptively obtains or attempts to obtain a registration;

(3) in connection with the administration of pharmacy services administrative organization services, commits fraud or engages in illegal activities; or

(4) violates this subtitle or a regulation adopted under this subtitle.

Status: in_force · Read it on the official government site

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