1. (a)

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

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1985, c. 480, § 1.

Formerly Art. 23, § 91.