Definitions.

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58-29F-2. Definitions.

Term used in this chapter mean:

(1)"Entity," a pharmacy benefits manager or any person or organization that represents these companies, groups, or organizations in any capacity;

(2)"Plan sponsor," the employer in the case of an employee benefit plan established or maintained by a single employer or the employee organization in the case of a plan established or maintained by an employee organization, an association, joint board, trustee, committee, or other similar group that establishes or maintains the plan.

Source: SL 2013, ch 254, §2.


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