A person may not act as a pharmacy benefit manager in this state without a license to operate as a third party administrator pursuant to chapter 58-29D. Sections 58-29D-26, 58-29D-27, and 58-29D-29 do not apply to pharmacy benefits managers.

Source: SL 2004, ch 311 , § 2; SL 2013, ch 253 , § 5; SL 2023, ch 166 , § 2.