Section 1015 - Penalties for transacting business. - Maryland Statutes

§ 9A-1015. Penalties for transacting business.
 

(a)  Misdemeanor offense.- 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)  Effect of reinstatement.- 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. 
 

[1997, ch. 654, § 2; 1998, ch. 743, § 1.]