Md. Code, Corp. & Ass'ns § 7-303
Current with effective changes from the 2024 Legislative Session, chs. 2-507
If a foreign corporation which is qualified to do business in this State fails to comply with the provisions of § 7-206 of this title, the Department shall impose a penalty of $5 on the corporation and an additional penalty of $1 for each ten days or a fractional part of ten days during which the failure to comply continues. These penalties may be reduced or abated under § 14-704 of the Tax - Property Article.
Md. Code, CA § 7-303