§ 7-301 Failure to register or qualify – Maintenance of suit
§ 7-302 Failure to register or qualify – Fines
§ 7-303 Failure of qualified corporation to file certified statement
§ 7-304 Failure of corporation to file required report or pay late filing penalties
§ 7-305 Failure to comply with Subtitle 2 does not affect contracts

Terms Used In Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 7 > Subtitle 3 - Sanctions

  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.