Maryland Code, FINANCIAL INSTITUTIONS 11-301
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 11-301
- including: means includes or including by way of illustration and not by way of limitation. See
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
(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.