Section 10-217 - Penalties for transacting business.
§ 10-217. Penalties for transacting business.
(a) Misdemeanor; fine.- Any person that transacts business in the name or for the account of a limited partnership 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 the certificate of reinstatement of the limited partnership is filed.
[1995, ch. 295.]