Maryland · Maryland Code — Criminal Law Article
Md. Code, Crim. Law § 8-401: (a) A partner may not with fraudulent intent: (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 t
What this law says, in plain English
A partner commits a misdemeanor by fraudulently converting partnership money or property, making false entries in partnership records, or failing to record partnership transactions. Conviction can result in up to 10 years imprisonment or a $5,000 fine.
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