Ch. 295                                        1995 LAWS OF MARYLAND

9-814.

(A)     ANY PERSON THAT TRANSACTS BUSINESS IN THE NAME OR FOR THE
ACCOUNT OF A LIMITED LIABILITY 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)     A PROSECUTION FOR VIOLATION OF THE PROVISIONS OF THIS SECTION
MAY NOT BE INSTITUTED AFTER THE DATE THE CERTIFICATE OF REINSTATEMENT
OF THE LIMITED LIABILITY PARTNERSHIP IS FILED.

9-815.

THE FORFEITURE OF THE RIGHT TO DO BUSINESS IN MARYLAND AND THE
RIGHT TO THE USE OF THE NAME OF THE LIMITED LIABILITY PARTNERSHIP UNDER
THIS TITLE DOES NOT IMPAIR THE VALIDITY OF A CONTRACT OR ACT OF THE
LIMITED LIABILITY PARTNERSHIP ENTERED INTO OR DONE EITHER BEFORE OR
AFTER THE FORFEITURE, OR PREVENT THE LIMITED LIABILITY PARTNERSHIP FROM
DEFENDING ANY ACTION, SUIT, OR PROCEEDING IN A COURT OF THIS STATE.

9-912.

(A)     THE DEPARTMENT MAY FORFEIT THE RIGHT OF ANY FOREIGN LIMITED
LIABILITY PARTNERSHIP TO DO BUSINESS IN THIS STATE IF THE LIMITED LIABILITY
PARTNERSHIP FAILS TO FILE WITH THE DEPARTMENT ANY REPORT OR FAILS TO
PAY ANY LATE FILING PENALTIES REQUIRED BY LAW:

(1)      WITHIN THE TIME REQUIRED BY LAW; AND

(2)      THEREAFTER, WITHIN 30 DAYS AFTER THE DEPARTMENT MAKES A
WRITTEN DEMAND FOR THE DELINQUENT REPORT OR LATE FILING PENALTIES.

(B)     UNLESS THE DEPARTMENT EXCUSES A REASONABLE DELAY FOR GOOD
CAUSE SHOWN, THE FORFEITURE IS EFFECTIVE 15 DAYS AFTER WRITTEN NOTICE OF
FORFEITURE FROM THE DEPARTMENT, WITHOUT PROCEEDINGS OF ANY KIND
EITHER AT LAW OR IN EQUITY.

(C)     THE DEMAND FOR A DELINQUENT REPORT OR LATE FILING PENALTIES
AND THE NOTICE OF FORFEITURE SHALL BE ADDRESSED TO THE LIMITED
LIABILITY PARTNERSHIP:                            

(1)      AT ITS ADDRESS ON FILE WITH THE DEPARTMENT; OR

(2)      IF IT HAS NO ADDRESS ON FILE WITH THE DEPARTMENT, IN CARE
OF THE SECRETARY OF STATE, OR CORRESPONDING OFFICIAL OF THE PLACE
WHERE IT WAS ORGANIZED OR IS EXISTING, IF KNOWN TO THE DEPARTMENT.

(D)     ON FORFEITURE OF ITS RIGHT TO DO BUSINESS IN THIS STATE, THE
FOREIGN LIMITED LIABILITY PARTNERSHIP IS SUBJECT TO THE SAME RULES, LEGAL
PROVISIONS, AND SANCTIONS AS IF IT HAD NEVER QUALIFIED OR BEEN LICENSED
TO DO BUSINESS IN THIS STATE.

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