# Corporations and Associations (GCA)

## Title 7. Foreign Corporations

### Subtitle 3. Sanctions

#### Section 7-303

If a foreign corporation which is qualified to do business in this State fails to comply with the provisions of Sec. 7-206 of this title, the Department shall impose a penalty of $5 on the corporation and an additional penalty of $1 for each ten days or a fractional part of ten days during which the failure to comply continues. These penalties may be reduced or abated under Sec. 14-704 of the Tax - Property Article.

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Md. Code Ann., Corps. & Ass'ns (as displayed at mgaleg.maryland.gov, October 16, 2026)