Md. Code, Financial Institutions § 11-102

§11–102.

Last amended: 2026Year: 2026Length: 137 wordsSubsections: 5Official source
(a) In this section, “installment loan” has the meaning stated in § 11–301 of this title. (b) Except for § 11–219 of this title, this title does not apply to a person that acquires or is assigned in whole or in part: (1) A mortgage, if the person does not otherwise make mortgages; (2) A mortgage loan, as defined in § 11–501 of this title, if the person does not otherwise engage in the mortgage lending business, as defined in § 11–501 of this title; or (3) An installment loan, if the person: (i) Relies on another person to service or collect on the installment loan; and (ii) Does not otherwise make installment loans. (c) This section may not be construed to alter the definition of “student loan servicer”, as defined in § 2–104.1 of this article.
Md. Code, Financial Institutions § 11-102: §11–102. | Justis AI