Md. Code, Financial Institutions § 11-303
This is the official text of Md. Code, Financial Institutions § 11-303, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§11–303.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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