2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 7-302 - Failure to register or qualify -- Fines


MD Corp & Assn Code § 7-302 (2013) What's This?

§7-302.

(a) (1) If a foreign corporation does any intrastate, interstate, or foreign business in this State without qualifying or registering as required by Subtitle 2 of this title, the Department shall impose a penalty of $200 on the corporation.

(2) This penalty may be reduced or abated under § 14-704 of the Tax - Property Article.

(b) Each officer of a foreign corporation which does intrastate, interstate, or foreign business in this State without qualifying or registering as required by Subtitle 2 of this title, and each agent of the foreign corporation who transacts intrastate, interstate, or foreign business in this State for it is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $1,000.

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