Section 7-406 - Penalty for failure to file pre-acquisition notification. - Maryland Statutes

§ 7-406. Penalty for failure to file pre-acquisition notification.
 

A person required to file a pre-acquisition notification under this subtitle or Subtitle 3 of this title that fails to file the notification and that also fails to demonstrate a good faith effort to comply with the filing requirement is subject to a penalty not exceeding $50,000. 
 

[An. Code 1957, art. 48A, § 494A; 1995, ch. 36.]