§ 11–303

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 11-303 (2026)

Title 11. Consumer Credit

Subtitle 3. Installment Loans -- Licensing Provisions

Unless the person is licensed by the Commissioner, a person may not:

(1)

Engage in the business of making installment loans;

(2)

Make more than 5 installment loans a year; or

(3)

Engage in the business of a credit services business as defined under Title 14, Subtitle 19 of the Commercial Law Article.