Terms Used In Maryland Code, BUSINESS REGULATION 12.5-507

  • Conviction: A judgement of guilt against a criminal defendant.
  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
(a) This section applies only if there is no greater criminal penalty provided under this title or other applicable law.

(b) A person that engages in repeated violations of the provisions of this title is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $5,000.