§ 8-401
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/md/criminal-law/8-401A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§8–401.
(a)A partner may not with fraudulent intent:
(1)convert or appropriate to the partner’s own use partnership money or property;
(2)make, or cause to be made, a false entry in partnership records of a partnership transaction; or
(3)fail to make or cause to be made an entry in partnership records to show the true state of a transaction:
(i)relating to partnership business; or
(ii)involving the use of partnership money or property.
(b)A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 10 years or a fine not exceeding $5,000 or both.
(c)A person who violates this section is subject to § 5-106(b) of the Courts Article.