Maryland Statutes
Subtitle 7 - Preneed Burial Contracts
Section 5-712 - Prohibited Acts; Penalties

(a)    A seller may not fail to deposit, as required by this subtitle, money received under or in connection with a preneed burial contract.
    (b)    (1)    Except as otherwise provided in subsection (c) of this section, a person who violates this section is guilty of a misdemeanor and, on conviction, is subject to:
            (i)    for a first violation, a fine not exceeding $10,000 or imprisonment not exceeding 1 year or both;
            (ii)    for a second violation, a fine not exceeding $15,000 or imprisonment not exceeding 2 years or both; and
            (iii)    for a third or subsequent violation, a fine not exceeding $20,000 or imprisonment not exceeding 3 years or both.
        (2)    Except as otherwise provided in subsection (c) of this section, if a corporation violates this section, each officer responsible for the violation is guilty of a misdemeanor and, on conviction, is subject to:
            (i)    for a first violation, a fine not exceeding $10,000 or imprisonment not exceeding 1 year or both;
            (ii)    for a second violation, a fine not exceeding $15,000 or imprisonment not exceeding 2 years or both; and
            (iii)    for a third or subsequent violation, a fine not exceeding $20,000 or imprisonment not exceeding 3 years or both.
    (c)    A person who willfully misappropriates or intentionally and fraudulently converts preneed trust funds in excess of $100 to that person’s own use is guilty of a felony and, on conviction, is subject to a fine not exceeding $25,000 or imprisonment not exceeding 10 years or both.

Structure Maryland Statutes