South Carolina Statutes
§ 37-10-104 — Agricultural loans under twenty-five thousand dollars.
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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South Carolina § 37-10-104 (Agricultural loans under twenty-five thousand dollars.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1982 Act No. 385, SECTION 56.
Nearby Sections
7
§ 37-10-101
Scope.§ 37-10-102
Attorney's fees and other charges on mortgage loans for personal, family or household purposes.§ 37-10-105
Violations; civil actions.