Md. Code Ann., Bus. Reg. § 1-505
Violation of subtitle, civil penalties
Effective Feb 28, 1994Added by cts 1990, c. 411; renumbered from Corporations and Associations, § 1-505 by Acts 1994, c. 3, § 14, eff. Feb. 28, 1994.State of Maryland
(a)
- (1) The Secretary may assess a civil penalty against a person engaged in a trade or business for each knowing and willful violation of this subtitle.
- (2) The civil penalty may not exceed $50 for each day the violation continues.
- (3) For purposes of this section, a separate violation occurs at each office, branch, or place of business where a violation occurs or continues.
- (4) The total civil penalty may not exceed $1,000.
- (b) In the event of the failure of a person to pay a penalty assessed under this section, a civil action for recovery of the penalty may be brought by the State against the person.
Added by cts 1990, c. 411; renumbered from Corporations and Associations, § 1-505 by Acts 1994, c. 3, § 14, eff. Feb. 28, 1994.