Section 12-302 - License required unless exempt.
§ 12-302. License required unless exempt.
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.
[An. Code 1957, art. 11, § 165; 1975, ch. 49, § 3; 1980, ch. 33, § 5.]