Maryland Code, CRIMINAL LAW 8-401
Terms Used In Maryland Code, CRIMINAL LAW 8-401
- Conviction: A judgement of guilt against a criminal defendant.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- 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
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(1) convert or appropriate to the partner’s own use partnership money or property;
(2) make, or cause to be made, a false entry in partnership records of a partnership transaction; or
(3) fail to make or cause to be made an entry in partnership records to show the true state of a transaction:
(i) relating to partnership business; or
(ii) involving the use of partnership money or property.
(b) A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 10 years or a fine not exceeding $5,000 or both.
(c) A person who violates this section is subject to § 5-106(b) of the Courts Article.