§ 7-302. Failure to register or qualify -- Fines

   (a) Fine of corporation. --

   (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) Fine of officer or agent. -- 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.

HISTORY: An. Code 1957, art. 23, § 91; 1975, ch. 311, § 2; 1985, ch. 480, § 1.