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2022 Maryland Statutes
Corporations and Associations
Title 4A - Limited Liability Company Act
Subtitle 9 - Dissolution, Forfeiture, and Reinstatement
Section 4A-919 - Penalties for Transacting Business
Universal Citation:
MD. Corporations and Associations Code § 4A-919 (2022)
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(a) Any person that transacts business in the name or for the account of a limited liability company knowing that its right to do business in Maryland has been forfeited and has not been reinstated is guilty of a misdemeanor and on conviction is subject to a fine of not more than $500.
(b) A prosecution for violation of the provisions of this section may not be instituted after the date articles of reinstatement of the limited liability company are filed.
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