Section 11-301 - Definitions(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.Added by 2021 Md. Laws, Ch. 101,Sec. 2, eff. 10/1/2021.