(a) “Person” means and includes every natural person, firm, corporation, copartnership, joint-stock or other association or organization, and any other legal entity whatsoever.

(b) “Licensee” means and includes every person holding a valid license issued under the provisions of the Small Loan Privilege Tax Law (Section 75-67-201 et seq.) of this state, except those specifically exempt by the provisions of this article, who, in addition to any other rights and powers he or it might otherwise possess, shall engage in the business of lending money either directly or indirectly, to be paid back in monthly installments or other regular installments for periods of more or less than one (1) month, and whether or not the lender requires security from the borrower as indemnity for the repayment of the loan.

(c) “Occasional lender” means a person making not more than one (1) loan in any month or not more than twelve (12) loans in any twelve-month period.

(d) “Commissioner” means the Commissioner of Banking and Consumer Finance of the State of Mississippi.

(e) “Department” means the Department of Banking and Consumer Finance of the State of Mississippi.

(f) “Records” or “documents” means any item in hard copy or produced in a format of storage commonly described as electronic, imaged, magnetic, microphotographic or otherwise, and any reproduction so made shall have the same force and effect as the original thereof and be admitted in evidence equally with the original.