Md. Code, Corp. & Ass'ns § 7-302

Current with changes from the 2024 Legislative Session, chs. 2-121
Section 7-302 - Failure to register or qualify - Fines
(a)
(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.

Md. Code, CA § 7-302