MARVIN MANDEL, Governor

685

modified to conform this definition to the
definition of "person" as it appears in Title
12, Subtitle 3 of the Commercial Law Article,
For further comments, see revisor's note to
§12—301(f) of the Commercial Law Article,

The definition of "this subtitle" is new. It
is added, pending future revision of this
subtitle as part of the proposed Business
Regulation Article, to preserve the
inter—relationship of the licensing and credit
provisions of this law. For further comments,
see revisor's note to §203 of this subtitle.

§ 203. Short title.

[This subtitle shall be known and may be cited as
the "Maryland Industrial Finance Law."]

(A) THIS SUBTITLE MAY BE CITED AS THE MARYLAND
CONSUMER LOAN LAW - LICENSING PROVISIONS.

(B) THIS SUBTITLE AND THE MARYLAND CONSUMER LOAN
LAW - CREDIT PROVISIONS MAY BE CITED JOINTLY AS THE
MARYLAND CONSUMER LOAN LAW.

REVISOR'S NOTE: Subsection (a) of this section is
new language derived from Art. 11, §203. It is
designed to facilitate citations to this
subtitle alone, as distinguished from the
credit provision which are contained in Title
12, Subtitle 3 of the Commercial Law Article.
For this purpose, the term "Licensing
Provisions" is added.

Subsection (b) of this section is new language
designed to permit a simple citation to both
the credit and the licensing provisions,
jointly.

The more meaningful term "consumer loan" is
substituted for the present, archaic
"industrial finance loan." To avoid conflict,
Art. 58A of the Code and Title 12, Subtitle 2
of the Commercial Law Article re—adopt the
name "Small Loan Law"; in this regard, see
revisor's note to §12—214 of the Commercial
Law Article.

With respect to the division of Art. 11, §163
et seq., see general revisor's note to Title.
12, Subtitle 3 of the Commercial Law Article.