There is a newer version of the Maryland Code
2013 Maryland Code
COMMERCIAL LAW
§ 12-302 - License required unless exempt
MD Comm L Code § 12-302 (2013) What's This?
§12-302.
A person may not engage in the business of making loans under this subtitle unless the person is licensed under or is exempt from the licensing requirements of Title 11, Subtitle 2 of the Financial Institutions Article, the Maryland Consumer Loan Law -- Licensing Provisions.
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