South Carolina Code of Laws
Chapter 7 - Consumer Credit Counseling
Section 37-7-122. Use of application and renewal fees.

All application and renewal fees collected by the department may be retained by the department and used to implement the provision of 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.