(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.
Maryland Legal Code