South Carolina Statutes
§ 35-11-200 — License required.
South Carolina § 35-11-200
This text of South Carolina § 35-11-200 (License required.) 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. § 35-11-200 (2026).
Text
(A)A person may not engage in the business of money transmission or advertise, solicit, or hold himself out as providing money transmission unless the person is:
(1)licensed under this article;
(2)an authorized delegate of a person licensed pursuant to this article; or (3) exempted under Section 35-11-110.
(B)A license issued pursuant to this chapter is not transferable or assignable.
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Legislative History
HISTORY: 2016 Act No. 266 (H.4554), SECTION 1, eff May 25, 2018; 2024 Act No. 218 (S.1031), SECTION 1, eff July 2, 2024. Effect of Amendment 2024 Act No. 218, SECTION 1, in (A), in (1), substituted "article" for "chapter or approved to engage in money transmission pursuant to Section 35-11-210", and rewrote (3).
Nearby Sections
15
§ 35-11-100
Short title.§ 35-11-105
Definitions.§ 35-11-110
Applicability of chapter.§ 35-11-200
License required.§ 35-11-205
Application for license.§ 35-11-210
Items to be furnished to the Commissioner.§ 35-11-215
Security.§ 35-11-220
Issuance of license.§ 35-11-225
Renewal of license.§ 35-11-230
Net worth.§ 35-11-235
Suspension or revocation of license.§ 35-11-300
License required.§ 35-11-305
Application for license.§ 35-11-310
Issuance of license.§ 35-11-315
Renewal of license.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 35-11-200, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/11/35-11-200.