§ 11–301
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 11-301 (2026)
Title 11. Consumer Credit
Subtitle 3. Installment Loans -- Licensing Provisions
§ 11–301LinkCopy Citation
(a)
In this subtitle the following words have the meanings indicated.
(b)
“Installment loan” means a loan or extension of credit made for consideration under § 12–103(a)(3) or (c) or Title 12, Subtitle 9, or Subtitle 10 of the Commercial Law Article.
(c)
“License” means a license issued in any form by the Commissioner under this subtitle to make installment loans, including as provided for through NMLS.
(d)
“Licensee” means a person licensed under this subtitle to make installment loans.