Maryland Corporations and Associations Section 12-809

Article - Corporations and Associations

§ 12-809.

      (a)      Any person that transacts business in the name of, or for the account of, a business trust knowing that the business trust's right to do business in the State has been forfeited and has not been reinstated at the time the business was transacted is guilty of a misdemeanor and on conviction is subject to a fine of not more than $500.

      (b)      A prosecution for a violation of subsection (a) of this section, concerning acts alleged to have occurred while the right of a business trust to do business in the State was forfeited, may not be instituted after the date that a certificate of reinstatement of the business trust is filed.



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