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2021 Nevada Revised Statutes
Chapter 683A - Persons Involved in Sale or Administration of Insurance
NRS 683A.178 - Fiduciary duty of pharmacy benefit manager to third party; notice of conflicts of interest. [Effective through December 31, 2019.]
Universal Citation: NV Rev Stat § 683A.178 (2021)
A pharmacy benefit manager has a fiduciary duty to a third party with which the pharmacy benefit manager has entered into a contract to manage the pharmacy benefits plan of the third party and shall notify the third party in writing of any activity, policy or practice of the pharmacy benefit manager that presents a conflict of interest that interferes with the ability of the pharmacy benefit manager to discharge that fiduciary duty.
(Added to NRS by 2017, 4308)
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