South Carolina Statutes

§ 37-10-104 — Agricultural loans under twenty-five thousand dollars.

South Carolina § 37-10-104
JurisdictionSouth Carolina
Title 37CONSUMER PROTECTION CODE
Ch. 10MISCELLANEOUS LOAN PROVISIONS

This text of South Carolina § 37-10-104 (Agricultural loans under twenty-five thousand dollars.) 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. § 37-10-104 (2026).

Text

With respect to a loan under which the aggregate of all sums advanced or contemplated by the parties in good faith to be advanced is less than twenty-five thousand dollars and which is primarily for an agricultural purpose, the maximum loan finance charge that may be contracted for and received shall be eighteen percent per annum, calculated according to the actuarial method.

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Legislative History

HISTORY: 1982 Act No. 385, SECTION 56.

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Bluebook (online)
South Carolina § 37-10-104, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/10/37-10-104.