Unannotated Code of Maryland (Last Updated: May 16, 2014) |
FINANCIAL INSTITUTIONS |
TITLE 12. MISCELLANEOUS INSTITUTIONS AND ACTIVITIES |
SUBTITLE 4. MARYLAND MONEY TRANSMISSION ACT |
§ 12-430. Penalties
Latest version.
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Any person who knowingly and willfully violates any provision of this subtitle is guilty of a felony and on conviction is subject to a fine not exceeding $ 1,000 for the first violation and not exceeding $ 5,000 for each subsequent violation or imprisonment not exceeding 5 years or both.