California Health and Safety Code

§ 1385.0013

HSC § 1385.0013 Effective Jun 30, 2025Div. 2 · Ch. 2.2 · Art. 6.1

Statute text

(a)(1) A licensed pharmacy benefit manager shall, within 30 days after a change in the information contained in its application, other than financial or statistical information, file an amendment to the application in the manner prescribed by rule by the director.

(2)Notwithstanding paragraph (1), if an association, partnership, or corporation is added in a controlling, controlled, or affiliated status relative to the pharmacy benefit manager, the pharmacy benefit manager shall file within 30 days an authorization for disclosure to the director of financial records of the person pursuant to Section 7473 of the Government Code.

(b)Before a material modification of its operations, a pharmacy benefit manager shall give notice of the change to the director, who shall approve, disapprove, suspend, or postpone the effectiveness of the change by order, within 20 business days or within additional time specified by the pharmacy benefit manager, subject to Section 1385.0014.

…

Legislative history

Added by Stats. 2025, Ch. 21, Sec. 21. (AB 116) Effective June 30, 2025.