South Carolina Code of Laws
Chapter 7 - Consumer Credit Counseling
Section 37-7-106. Grounds for refusal to license, suspension, revocation or refusal to renew.

The department may refuse to license an applicant or suspend or revoke a license or refuse to renew a license issued pursuant to this chapter if it finds, after notice and a hearing pursuant to the Administrative Procedures Act, that the applicant or his agent has:
(1) been convicted of a felony or of an offense involving fraud or dishonest dealing or moral turpitude within the past ten years;
(2) violated a provision of this chapter;
(3) used fraud or deceit in procuring the issuance of a license or renewal pursuant to this chapter;
(4) indulged in a continuous course of unfair conduct;
(5) been involved in insolvency, bankruptcy, receivership, or assignment for the benefit of creditors by a licensee; or
(6) violated a reasonable rule or regulation made by the department pursuant to this chapter.
HISTORY: 2005 Act No. 111, Section 1, eff 6 month after approval by the Governor (became law without the Governor's signature on June 2, 2005).

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 37 - Consumer Protection Code

Chapter 7 - Consumer Credit Counseling

Section 37-7-101. Definitions.

Section 37-7-102. Licensing requirement.

Section 37-7-103. Surety bonds.

Section 37-7-104. License application as credit counseling organization and credit counselor; contents; fee.

Section 37-7-105. Continuing professional education requirements.

Section 37-7-106. Grounds for refusal to license, suspension, revocation or refusal to renew.

Section 37-7-107. Issuance or denial of license; contents and posting; renewal.

Section 37-7-108. Requirements for engaging in credit counseling services or debt management plans; preparation and contents of budget analysis; notice regarding services.

Section 37-7-109. Debt management plan; fee; form for consent of creditors; notice of plan to creditors; presumed consent.

Section 37-7-110. Written contract; contents; required disclosures; cancellation of plan.

Section 37-7-111. Funds paid to licensee for distribution to creditors; trust accounts; duties and responsibilities.

Section 37-7-112. Fees.

Section 37-7-113. Individualized counseling and education session.

Section 37-7-114. Records; maintenance and preservation.

Section 37-7-115. Annual reports; occurrences triggering other reports.

Section 37-7-116. Prohibited acts.

Section 37-7-117. Violations and penalties; civil action by consumer; limitations.

Section 37-7-118. Violation of Unfair Trade Practices Act.

Section 37-7-119. Cease and desist orders; penalties for noncompliance; revocation of license; increase of bond.

Section 37-7-120. Appeals.

Section 37-7-121. Regulations.

Section 37-7-122. Use of application and renewal fees.