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Session Laws, 2002
Volume 800, Page 2706   View pdf image
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Ch. 303 2002 LAWS OF MARYLAND
(b) Except as provided in subsection (e) of this section, each officer, director, or
partner of a business entity who makes [or causes to be made a] AN APPLICABLE
contribution shall report the APPLICABLE contribution to the chief executive officer of
the business entity. (c) Each employee, agent, or other person who, at the suggestion or direction
of a business entity, makes [a] AN APPLICABLE contribution [or causes a
contribution to be made], shall report the APPLICABLE contribution to the chief
executive officer of the business entity. (d) (1) Business done with a governmental entity by a subsidiary of a
business entity shall be attributed to the business entity if 30% or more of the equity
of the subsidiary is owned or controlled by the business entity. (2) [Contributions] APPLICABLE CONTRIBUTIONS made by[, caused to
be made by,] or attributed to a subsidiary described in paragraph (1) of this
subsection shall be attributed to the business entity. (e) (1) Subject to paragraph (2) of this subsection, [a] AN APPLICABLE
contribution made by an individual who serves as a trustee or member of the board of
directors of a not-for-profit organization is not attributable to the organization, and
the individual is not required to report the APPLICABLE contribution to the chief
executive officer of the organization. (2) This subsection does not apply if: (i) the APPLICABLE contribution is made on the recommendation of
the not-for-profit organization; or (ii) the individual described in paragraph (1) of this subsection is
paid by the not-for-profit organization. 14-106. If a contract involves consideration to be paid over multiple reporting periods,
the total ascertainable consideration to be paid under the contract shall be
attributable to the date when the contract is made. 14-107. (a) A person who knowingly and willfully violates this title is guilty of a
misdemeanor and on conviction is subject to a fine not exceeding $1,000 or
imprisonment not exceeding 1 year or both. (b) An officer or partner of a business entity who knowingly authorizes or
participates in a violation of this title by the business entity is subject to the penalty
provided in subsection (a) of this section.
14-108. This title shall be liberally construed to require full disclosure.
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Session Laws, 2002
Volume 800, Page 2706   View pdf image
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