South Carolina Statutes

§ 35-11-730 — Unlicensed persons.

South Carolina·Title 35 SECURITIES·Ch. 11 SOUTH CAROLINA UNIFORM MONEY SERVICES ACT
(A)If the Commissioner has reason to believe that a person engaged or is about to engage in an act or practice constituting a violation of this chapter or a regulation or order issued pursuant to this chapter, the Commissioner may summarily issue an order to cease and desist pursuant to Section 35-11-710.
(B)The Commissioner may apply to the Richland County Court of Common Pleas to:
(1)temporarily or permanently enjoin an act or practice that violates this chapter or a regulation or order issued pursuant to this chapter; or (2) enforce compliance with this chapter or a regulation or order issued or pursuant to this chapter.
(C)A person that is served with an order to cease and desist for violating Section 35-11-200 or 35-11-300 may petition the Richland County Court of Common Pleas for

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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, rewrote the section.

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