Md. Code, Criminal Law § 8-401
Md. Code, Criminal Law § 8-401
in effect(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 to show the true state of a transaction:
(i) relating to partnership business; or
(ii) involving the use of partnership money or property.
(b) A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 10 years or a fine not exceeding $5,000 or both.
(c) A person who violates this section is subject to § 5-106(b) of the Courts Article.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcr§ion=8-401&enactments=falseFetched: 10/16/2026