Section 8-701 - Penalties. - Maryland Statutes

§ 8-701. Penalties.
 

The trustees of a real estate investment trust which does business in the State without filing its declaration of trust with the Department as required by § 8-202 of this title are each subject to a fine not exceeding $1,000, payable to the Department. 
 

[An. Code 1957, art. 78C, § 2; 1975, ch. 311, § 2; 1994, ch. 596.]