Md. Code, Corp. & Ass'ns § 3-514
Current with changes from the 2024 Legislative Session, chs. 2--407, effective on or before 7/1/2024
Section 3-514 - Prohibition against doing business after forfeiture(a) Any person who transacts business in the name or for the account of a corporation knowing that its charter has been forfeited and has not been revived is guilty of a misdemeanor and on conviction is subject to a fine of not more than $500.(b) For the purpose of this section, unless there is clear evidence to the contrary, a person who was an officer or director of a corporation at the time its charter was forfeited is presumed to know of the forfeiture.(c) A prosecution for violation of the provisions of this section may not be instituted after the date articles of revival of the corporation are filed.