<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="11-301" title_number="11" title_name="Consumer Credit" subtitle_number="3" subtitle_name="Installment Loans -- Licensing Provisions">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“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.</text>
  </level>
  <level label="c">
    <text>“License” means a license issued in any form by the Commissioner under this subtitle to make installment loans, including as provided for through NMLS.</text>
  </level>
  <level label="d">
    <text>“Licensee” means a person licensed under this subtitle to make installment loans.</text>
  </level>
</section>
