Md. Code, Financial Institutions § 11-301
Md. Code, Financial Institutions § 11-301
in effect(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=11-301&enactments=falseFetched: 10/17/2026