South Carolina Statutes

§ 37-10-103 — Prepayment of loans of one hundred fifty thousand dollars or less.

South Carolina § 37-10-103
JurisdictionSouth Carolina
Title 37CONSUMER PROTECTION CODE
Ch. 10MISCELLANEOUS LOAN PROVISIONS

This text of South Carolina § 37-10-103 (Prepayment of loans of one hundred fifty thousand dollars or less.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.C. Code Ann. § 37-10-103 (2026).

Text

The debtor may prepay in full at any time without penalty the debt represented by a personal, family, or household purpose loan agreement that is secured in whole or in part by a first or junior lien on real estate if the aggregate of all sums advanced will not exceed one hundred fifty thousand dollars.

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Legislative History

HISTORY: 1982 Act No. 385, SECTION 56; 1984 Act No. 355, SECTION 11; 2003 Act No. 42, SECTION 2.A, eff Jan. 1, 2004, and applying to loans for which the loan applications were taken on or after that date.

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Bluebook (online)
South Carolina § 37-10-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/10/37-10-103.