§ 7-302
121 words·~1 min read·
/md/corporations-and-associations/7-302·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–302.
(1)If a foreign corporation does any intrastate, interstate, or foreign business in this State without qualifying or registering as required by Subtitle 2 of this title, the Department shall impose a penalty of $200 on the corporation.
(2)This penalty may be reduced or abated under § 14-704 of the Tax - Property Article.
(b)Each officer of a foreign corporation which does intrastate, interstate, or foreign business in this State without qualifying or registering as required by Subtitle 2 of this title, and each agent of the foreign corporation who transacts intrastate, interstate, or foreign business in this State for it is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $1,000.