2016 Maryland Code
Corporations and Associations
Title 7 - Foreign Corporations
Subtitle 3 - Sanctions
§ 7-302. Failure to register or qualify -- Fines
(a) Fine of corporation. --
(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 ยง 14-704 of the Tax - Property Article.
(b) Fine of officer or agent. -- 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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