§431S-4  Annual renewal requirement.  (a)  Each pharmacy benefit manager shall renew its registration by March 31 each year.

     (b)  When renewing its registration, a pharmacy benefit manager shall submit to the commissioner the following:

     (1)  An application for renewal on a form prescribed by the commissioner; and

     (2)  A service fee of $140.

The commissioner may, upon showing of good cause, waive or modify, in whole or part, the fee in this subsection by order. [L 2017, c 44, pt of §2; am L 2021, c 110, §18]