South Carolina Code of Laws
Chapter 1 - South Carolina Uniform Securities Act Of 2005
Section 35-1-611. Service of process.

(a) A consent to service of process complying with this section required by this chapter must be signed and filed in the form required by a rule or order under this chapter. A consent appointing the Securities Commissioner the person's agent for service of process in a noncriminal action or proceeding against the person, or the person's successor or personal representative under this chapter or a rule adopted or order issued under this chapter after the consent is filed, has the same force and validity as if the service were made personally on the person filing the consent. A person that has filed a consent complying with this subsection in connection with a previous application for registration or notice filing need not file an additional consent.
(b) If a person, including a nonresident of this State, engages in an act, practice, or course of business prohibited or made actionable by this chapter or a rule adopted or order issued under this chapter and the person has not filed a consent to service of process under subsection (a), the act, practice, or course of business constitutes the appointment of the Securities Commissioner as the person's agent for service of process in a noncriminal action or proceeding against the person or the person's successor or personal representative.
(c) Service under subsection (a) or (b) may be made by providing a copy of the process to the office of the Securities Commissioner, but it is not effective unless:
(1) the plaintiff, which may be the Securities Commissioner, promptly sends notice of the service and a copy of the process, return receipt requested, to the defendant or respondent at the address set forth in the consent to service of process or, if a consent to service of process has not been filed, at the last known address, or takes other reasonable steps to give notice; and
(2) the plaintiff files an affidavit of compliance with this subsection in the action or proceeding on or before the return day of the process, if any, or within the time that the court, or the Securities Commissioner in a proceeding before the Securities Commissioner, allows.
(d) Service pursuant to subsection (c) may be used in a proceeding before the Securities Commissioner or by the Securities Commissioner in a civil action in which the Securities Commissioner is the moving party.
(e) If process is served under subsection (c), the court, or the Securities Commissioner in a proceeding before the Securities Commissioner, shall order continuances as are necessary or appropriate to afford the defendant or respondent reasonable opportunity to defend.
HISTORY: 2005 Act No. 110, Section 1, eff January 1, 2006.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 35 - Securities

Chapter 1 - South Carolina Uniform Securities Act Of 2005

Section 35-1-101. Short title.

Section 35-1-102. Definitions.

Section 35-1-103. References to federal statutes.

Section 35-1-104. References to federal agencies.

Section 35-1-105. Electronic records and signatures.

Section 35-1-201. Exempt securities.

Section 35-1-202. Exempt transactions.

Section 35-1-203. Additional exemptions and waivers.

Section 35-1-204. Denial, suspension, revocation, condition, or limitation of exemptions.

Section 35-1-301. Securities registration requirement.

Section 35-1-302. Notice filing.

Section 35-1-303. Securities registration by coordination.

Section 35-1-304. Securities registration by qualification.

Section 35-1-305. Securities registration filings.

Section 35-1-306. Denial, suspension, and revocation of securities registration.

Section 35-1-307. Waiver and modification.

Section 35-1-401. Broker-dealer registration requirement; exemptions.

Section 35-1-402. Agent registration requirement and exemptions.

Section 35-1-403. Investment adviser registration requirement; exemptions.

Section 35-1-404. Investment advisor representative registration requirement; exemptions.

Section 35-1-405. Federal covered investment adviser notice filing requirement.

Section 35-1-406. Registration by broker-dealer, agent, investment adviser, and investment adviser representative.

Section 35-1-407. Succession and change in registration of broker-dealer or investment adviser.

Section 35-1-408. Termination of employment or association of agent and investment adviser representative; transfer of employment or association.

Section 35-1-409. Withdrawal of registration of broker-dealer, agent, investment adviser, and investment adviser representative.

Section 35-1-410. Examination and filing fee requirements.

Section 35-1-411. Postregistration requirements.

Section 35-1-412. Denial, revocation, suspension, withdrawal, restriction, condition, or limitation of registration.

Section 35-1-501. General fraud.

Section 35-1-502. Prohibited conduct in providing investment advice regarding securities.

Section 35-1-503. Evidentiary burden.

Section 35-1-504. Filing of sales and advertising literature.

Section 35-1-505. Misleading filings.

Section 35-1-506. Misrepresentations concerning registration or exemption.

Section 35-1-507. Qualified immunity.

Section 35-1-508. Criminal penalties.

Section 35-1-509. Civil liability.

Section 35-1-510. Rescission offers.

Section 35-1-601. Administration.

Section 35-1-602. Investigations and subpoenas.

Section 35-1-603. Civil enforcement.

Section 35-1-604. Administrative enforcement.

Section 35-1-605. Rules, forms, orders, interpretative opinions, and hearings.

Section 35-1-606. Administrative files and opinions.

Section 35-1-607. Public records; confidentiality.

Section 35-1-608. Uniformity and cooperation with other agencies.

Section 35-1-609. Judicial review.

Section 35-1-610. Jurisdiction.

Section 35-1-611. Service of process.

Section 35-1-612. Severability clause.

Section 35-1-701. Application of act to existing proceeding and existing rights and duties.

Section 35-1-702. Fees; portion of recovery in civil and administrative enforcement actions retained by Attorney General.

Section 35-1-703. Effective date.

Section 35-1-800. Definitions.

Section 35-1-810. Notification of agencies.

Section 35-1-820. Immunity from administrative and civil liability arising from a disclosure pursuant to Section 35-1-810.

Section 35-1-830. Disclosure of financial exploitation to designated third party.

Section 35-1-840. Immunity from administrative and civil liability arising from a disclosure pursuant to Section 35-1-830.

Section 35-1-850. Delay of a disbursement or transaction due to suspected financial exploitation.

Section 35-1-860. Immunity from administrative and civil liability arising from a delay pursuant to Section 35-1-850.

Section 35-1-870. Access to or copies of records relevant to suspected or attempted financial exploitation of an eligible adult to agencies or law enforcement; records not available for public examination.

Section 35-1-880. No protection for qualified individuals participating in or materially aiding the financial exploitation of an eligible adult.