South Carolina Code of Laws
Chapter 36 - Loan Brokers
Section 34-36-30. Principal responsible for acts of brokers and brokers' agents or employees.

Each principal of a loan broker may be sanctioned for the actions of the loan broker, including the loan broker's agents or employees acting in the course of business of the loan broker.
HISTORY: 1992 Act No. 452, Section 1, eff June 15, 1992.

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Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 34 - Banking, Financial Institutions and Money

Chapter 36 - Loan Brokers

Section 34-36-10. Definitions.

Section 34-36-20. Prohibited behavior; advance fees; false, misleading, fraudulent, or deceptive acts.

Section 34-36-30. Principal responsible for acts of brokers and brokers' agents or employees.

Section 34-36-40. Department oversight; orders and acts to effect compliance.

Section 34-36-50. Investigations and examinations to determine violations; obtaining evidence; witnesses and subpoenas; confidentiality; injunctions and other means of enforcement; cooperation with other enforcement agencies.

Section 34-36-60. Actions to enjoin violations; impounding of property; appointment of receiver or administrator; order of restitution.

Section 34-36-70. Violations; penalties.

Section 34-36-80. Violation constitutes unfair trade practice; actions for damages; remedies additional to those otherwise provided.

Section 34-36-90. Department responsible for administration and enforcement of chapter; authority to promulgate regulations.