HRS §431S-4
Yearly renewal for pharmacy benefit managers
A pharmacy benefit manager must renew its registration every year by March 31. To renew, it must send the commissioner a renewal form and pay a $140 fee. The commissioner can waive or change the fee for good reason.
The statute, as written — 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.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.