(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.
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