State Codes and Statutes
Statutes > Maryland > Business-regulation > Title-5 > Subtitle-7 > 5-712§ 5-712. Prohibited act.
(a) Failure to deposit money.- A seller may not fail to deposit, as required by this subtitle, money received under or in connection with a preneed burial contract.
(b) Penalty.-
(1) A person who violates this section is guilty of a misdemeanor and, on conviction, is subject to a fine not exceeding $5,000 or imprisonment not exceeding 1 year or both.
(2) If a corporation violates this section, each officer responsible for the violation is guilty of a misdemeanor and, on conviction, is subject to a fine not exceeding $5,000 or imprisonment not exceeding 1 year or both.
[An. Code 1957, art. 23, § 165B; 1992, ch. 4, § 2; 1997, ch. 675, § 1.]
