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Section 34-31-10. Dollars, dimes, cents, and mills. - All accounts in the public offices of this State, the...
Section 34-31-20. Legal rate of interest. - (A) In all cases of accounts stated and in all...
Chapter 33 - Banker's Banks
Section 34-33-10. "Banker's bank" defined. - As used in this chapter, "banker's bank" means a bank...
Section 34-33-20. Formation of corporation. - With the approval of the State Board of Financial Institutions,...
Section 34-33-30. Applicability of banking laws and regulations. - A banker's bank chartered pursuant to this chapter is subject...
Section 34-33-40. Repurchase of capital stock. - Notwithstanding any provision of Title 34 of the 1976 Code,...
Section 34-33-50. Exemption from banking laws. - If the State Board of Financial Institutions determines that any...
Section 34-33-60. Limitation on investments in banker's banks. - Notwithstanding any other provision of law, up to fifteen percent...
Chapter 36 - Loan Brokers
Section 34-36-10. Definitions. - As used in this chapter, unless the context otherwise requires:...
Section 34-36-20. Prohibited behavior; advance fees; false, misleading, fraudulent, or deceptive acts. - No loan broker shall: (1) assess or collect an advance...
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...
Section 34-36-40. Department oversight; orders and acts to effect compliance. - (A) The department may investigate the actions of any person...
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. - (A) The department may make investigations and examinations upon reasonable...
Section 34-36-60. Actions to enjoin violations; impounding of property; appointment of receiver or administrator; order of restitution. - (A) In addition to other remedies set forth in this...
Section 34-36-70. Violations; penalties. - Any person violating any provision of this chapter is guilty...
Section 34-36-80. Violation constitutes unfair trade practice; actions for damages; remedies additional to those otherwise provided. - (A) A violation of this chapter shall constitute an unfair...
Section 34-36-90. Department responsible for administration and enforcement of chapter; authority to promulgate regulations. - (A) The department is responsible for the administration and enforcement...
Chapter 39 - Deferred Presentment Services
Section 34-39-110. Short title. - This chapter may be cited as the "South Carolina Deferred...
Section 34-39-120. Definitions. - As used in this chapter, unless the context clearly requires...
Section 34-39-130. Licensure requirements. - (A) A person may not engage in the business of...
Section 34-39-140. Applicability of chapter; exceptions. - This chapter does not apply to: (1) a bank, savings...
Section 34-39-150. Application for licensure. - (A) An application for licensure pursuant to this chapter must...
Section 34-39-160. Qualifications for licensure. - To qualify for a license issued pursuant to this chapter,...
Section 34-39-170. Restrictions on advancement of monies on security of check; posting of fees charged for deferred presentment services. - (A) A licensee may not advance monies on the security...
Section 34-39-175. Deferred presentment transaction database. - (A) In order to prevent a person from having a...
Section 34-39-180. Restrictions and requirements for deferred presentment or deposit of check. - (A) A licensee may defer the presentment or deposit of...
Section 34-39-190. Maintenance of books, accounts, and records; examination. - (A) A person subject to the provisions of this chapter...
Section 34-39-200. Limitations on activities by persons required to be licensed by chapter. - A person required to be licensed pursuant to this chapter...
Section 34-39-210. Suspension or revocation of license. - (A) The board may suspend or revoke a license issued...
Section 34-39-220. Orders to cease and desist violations of chapter; hearing. - If the board determines that a person subject to the...
Section 34-39-230. Civil penalties; repayment of unlawful or excessive fees. - The board may order and impose civil penalties upon a...
Section 34-39-240. Wilful violations; referral for criminal prosecution. - The board, upon a determination that a violation of Section...
Section 34-39-250. Chapter not subject to other statutes governing imposition of interest, fees, loan charges, or extension of credit. - The business of deferred presentment services conducted in accordance with...
Section 34-39-260. Promulgation of regulations. - The board may promulgate regulations pursuant to the Administrative Procedures...
Section 34-39-270. Prohibited deferred presentment transactions; eligibility inquiries; notification of transactions. - (A) A licensee may not enter into a deferred presentment...
Section 34-39-280. Extended payment plans. - (A) Subject to the terms and conditions contained in this...
Section 34-39-290. Annual report and meeting concerning data. - (A) Based upon data provided by the database vendor, the...
Chapter 41 - Check-cashing Services
Section 34-41-10. Definitions. - As used in this chapter, unless the context clearly requires...
Section 34-41-20. Licensure requirements. - (A) No person or other entity may engage in the...
Section 34-41-30. Applicability of chapter; exceptions. - This chapter shall not apply to: (1) a bank, savings...
Section 34-41-40. Application for licensure. - (A) An application for licensure pursuant to this chapter must...
Section 34-41-42. Requirements for mobile check-cashing services. - For the purposes of this chapter, all mobile check-cashing services...
Section 34-41-50. Maintenance of minimum liquid assets; issuance of license. - (A) Each licensee and applicant shall have and maintain liquid...
Section 34-41-60. Restrictions and requirements for licensed check-cashing services. - (A) Notwithstanding any other provision of law, a check-cashing service...
Section 34-41-70. Maintenance of books, accounts, and records; examination. - (A) Each person required to be licensed pursuant to this...
Section 34-41-80. Limitations on activities by persons required to be licensed by chapter. - No person required to be licensed pursuant to this chapter...
Section 34-41-90. Suspension or revocation of license. - (A) The board may suspend or revoke any license or...
Section 34-41-100. Orders to cease and desist violations; hearing. - If the board determines that a person required to be...
Section 34-41-110. Civil penalties; repayment of unlawful or excessive fees. - The board may order and impose civil penalties upon any...
Section 34-41-120. Wilful violations; referral for criminal prosecution. - The board, upon a determination that a violation of Section...
Section 34-41-130. Promulgation of regulations. - The board may promulgate regulations necessary to carry out the...
Chapter 43 - South Carolina Community Economic Development Act
Section 34-43-10. Citation of Act. - This chapter may be cited as the South Carolina Community...
Section 34-43-20. Definitions. - As used in this chapter: (1) "Department" means the South...
Section 34-43-30. Duties and responsibilities of department; authority to contract with entity to carry out; annual report. - (A) The department may use a portion of funds appropriated...
Section 34-43-40. Certification as community development corporation and community development financial institution; application for and term, renewal, and revocation of certification; reports; notice and hearing; tax credit. - (A) The department shall establish criteria for the certification of...
Section 34-43-50. Grants and loans. - (A) The department shall establish and implement criteria for grants...
Chapter 45 - Savings Promotion Contests
Section 34-45-10. Legislative findings. - The South Carolina General Assembly finds that: (1) Savings promotion...
Section 34-45-20. Definitions. - As used in this chapter, the following terms shall mean:...
Section 34-45-30. Savings promotion contests authorized. - A financial institution authorized to do business in South Carolina...
Section 34-45-40. Conditions for conducting savings promotion contest. - A participating financial institution may conduct a savings promotion contest...
Section 34-45-50. Cease and desist orders. - Each savings promotion contest is subject to oversight by the...
Section 34-45-60. Construction of savings promotion contest. - A savings promotion contest offered in accordance with this chapter...