§ 4A-919. Penalties for transacting business

Latest version.

(a) Misdemeanor; fine. -- Any person that transacts business in the name or for the account of a limited liability company knowing that its right to do business in Maryland has been forfeited and has not been reinstated is guilty of a misdemeanor and on conviction is subject to a fine of not more than $ 500.

(b) Prosecution. -- A prosecution for violation of the provisions of this section may not be instituted after the date articles of reinstatement of the limited liability company are filed.

HISTORY: 1995, ch. 295; 1997, ch. 659, § 2.

                    
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