On the date that a discount medical card program organization receives notice from the department that the discount medical card program organization's registration is suspended, the discount medical card program organization shall:

1. (1) cease to enroll new cardholders;
2. (2) honor discounts for existing cardholders for expenses incurred before and on the date of suspension;
3. (3) discontinue collection of fees from existing cardholders after the date of suspension; and
4. (4) refund fees collected from existing cardholders after the date of suspension.

As added by P.L.73-2006, SEC.3.