Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 38 - INSURANCEChapter 55 - CONDUCT OF INSURANCE BUSINESS
Article 1 - GENERAL PROVISIONS
Section 38-55-70 - Secured loans lawful

S.C. Code § 38-55-70

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Current through 2024 Act No. 120.
Section 38-55-70 - Secured loans lawful

It is not a violation of Section 38-55-50 or the criminal laws of this State to offer to make or to make loans to citizens of this State to be secured by mortgage of real estate or other collateral security.

S.C. Code § 38-55-70

1962 Code Section 37-149] recodified as Section 38-55-70 by 1987 Act No. 155, Section 1; 1952 Code Section 37-149; Former 1976 Code Section 38-9-110 [1947 (45) 322; 1964 (53) 2293] recodified as Section 38-57-70 by 1987 Act No. 155, Section 1; Former 1976 Code Section 38-55-70 [1962 Code Section 37-1207.