Colorado § 10-16-1502 - Legislative declaration.
Full text of Colorado Colorado Revised Statutes § 10-16-1502 — Legislative declaration., with citation guidance and answers to common questions.
§ 10-16-1502. Legislative declaration.
(1) The general assembly declares that the purpose of this part 15 is to:
(a) Prohibit a pharmacy benefit manager or carrier from imposing fees, charge backs, or other adjustments on covered entities or contract pharmacies based on their participation in the 340B drug pricing program;
(b) Prohibit a pharmacy benefit manager or carrier from requiring a claim for a drug to include a modifier to indicate that the drug is a 340B drug unless the claim is for payment, directly or indirectly, by the medicaid program; and
(c) Provide for powers and duties of the commissioner and the division.
Source: L. 2022: Entire part added, (HB 22-1122), ch. 312, p. 2230, § 1, effective August 10.
Frequently Asked Questions About Colorado § 10-16-1502
What does Colorado Revised Statutes § 10-16-1502 cover?
Section 10-16-1502 ("Legislative declaration.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 10-16-1502?
A common citation format is "Colorado Revised Statutes § 10-16-1502" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 10-16-1502 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.