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25 chapters · 534 sections in this title.
S.C. Code Ann. § 34-39-170 Restrictions on advancement of monies on security of check; posting of fees charged for deferred presentment services
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(A) A licensee may not advance monies on the security of a check unless the account on which the presented check is drawn is a legitimate, open, and active account. (B) A licensee, in every location conducting business under a license issued pursuant to this chapter, conspicuousl…
S.C. Code Ann. § 34-39-175 Deferred presentment transaction database
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(A) In order to prevent a person from having a deferred presentment transaction that exceeds the limit in Section 34-39-180(B) and Section 34-39-270(A), the Consumer Finance Division of the Board of Financial Institutions shall implement a common database with real-time access th…
S.C. Code Ann. § 34-39-180 Restrictions and requirements for deferred presentment or deposit of check
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(A) A licensee may defer the presentment or deposit of a check for up to thirty-one days pursuant to the provisions of this section. (B) The total amount advanced by a licensee to any customer at one time for deferred presentment or deposit may not exceed five hundred fifty dolla…
S.C. Code Ann. § 34-39-190 Maintenance of books, accounts, and records; examination
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(A) A person subject to the provisions of this chapter shall maintain in its offices books, accounts, and records, as the board may reasonably require and establish by regulation. The books, accounts, and records must be kept with sufficient detail to ensure that the provisions o…
