N.C. Gen. Stat. § 58-56B-40: (Effective October 1, 2026) Penalties.
Where this section sits in the code
- Chapter 58. Insurance.
- Article 56B. Pharmacy Services Administrative Organizations.
(a) Financial Penalty. - Any PSAO that fails to comply with the provisions of this Article, as determined by the Commissioner, shall pay a penalty of five hundred dollars ($500.00) per day from the day the Commissioner notifies the PSAO of noncompliance until the Commissioner determines the applicable provision is met.
(b) Impact on Licensure. - Failure to comply with this Article may be grounds for revocation or nonrenewal of a license under this Article, as determined by the Commissioner.
(c) Unfair Trade. - A violation of any of the following provisions of this Article is an unfair trade practice under Article 63 of this Chapter and under G.S. 75-1.1:
(1) G.S. 58-56B-10.
(2) G.S. 58-56B-15.
(3) G.S. 58-56B-20.
(4) G.S. 58-56B-30.
(5) G.S. 58-56B-35. (2025-69, s. 2.1.)
Collected 2026-08-27T18:06:53Z. Source file · JSON