§ 12-502
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/md/business-regulation/12-502A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§12–502.
(1)A person who willfully or knowingly violates this title is guilty of a misdemeanor and, on conviction, is subject to a fine not exceeding $10,000 or imprisonment not exceeding 2 years or both.
(2)Each associate, employee, manager, or partner who participates in or consents to a violation of this title is guilty of a misdemeanor and, on conviction, is subject to a fine not exceeding $5,000 or imprisonment not exceeding 1 year or both.
(3)Each violation of this title is a separate offense.
(1)The Secretary may impose on a person who violates any provision of this title a penalty not exceeding $5,000 for each violation.
(2)In setting the amount of the penalty, the Secretary shall consider:
(i)the seriousness of the violation;
(ii)the harm caused by the violation;
(iii)the good faith of the violator;
(iv)any history of previous violations by the violator; and
(v)any other relevant factors.
(3)The Secretary shall pay any penalty collected under this subsection into the General Fund of the State.