Md. Code Ann., Corps. & Ass'ns § 9A-1015
Penalties for transacting business
Effective Jul 1, 1998Added as Corporations and Associations § 9-1015 by Acts 1997, c. 654, § 2, eff. July 1, 1998. Renumbered as Corporations and Associations § 9A-1015 by Acts 1998, c. 743, § 1, eff. June 1, 1998.State of Maryland
- (a) Any person that transacts business in the name or for the account of a limited liability partnership 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 the certificate of reinstatement of the limited liability partnership is filed.
Added as Corporations and Associations § 9-1015 by Acts 1997, c. 654, § 2, eff. July 1, 1998. Renumbered as Corporations and Associations § 9A-1015 by Acts 1998, c. 743, § 1, eff. June 1, 1998.