Maryland Statutes
§ 3-514
Maryland § 3-514
This text of Maryland § 3-514 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Corporations and Associations § 3-514 (2026).
Text
(a)Any person who transacts business in the name or for the account of a corporation knowing that its charter has been forfeited and has not been revived is guilty of a misdemeanor and on conviction is subject to a fine of not more than $500.
(b)For the purpose of this section, unless there is clear evidence to the contrary, a person who was an officer or director of a corporation at the time its charter was forfeited is presumed to know of the forfeiture.
(c)A prosecution for violation of the provisions of this section may not be instituted after the date articles of revival of the corporation are filed.
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Bluebook (online)
Maryland § 3-514, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/3-514.