# Commercial Law (GCL)

## Title 12. Credit Regulations

### Subtitle 4. Secondary Mortgage Loans -- Credit Provisions

#### Section 12-402

A person may not make a loan under this subtitle unless he is licensed under or exempt from the licensing requirements of the Maryland Mortgage Lender Law.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)