South Carolina Statutes
§ 34-13-110 — Certain discounts are not considered as money borrowed.
South Carolina § 34-13-110
JurisdictionSouth Carolina
Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY
Ch. 13BANK LOANS AND INVESTMENTS
This text of South Carolina § 34-13-110 (Certain discounts are not considered as money borrowed.) 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. § 34-13-110 (2026).
Text
The discount of bills of exchange drawn in good faith against existing values and the discount of commercial business paper shall not be considered as money borrowed.
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Legislative History
HISTORY: 1962 Code SECTION 8-231; 1952 Code SECTION 8-231; 1942 Code SECTION 7858; 1932 Code SECTION 7872; Civ. C. '22 SECTION 4000; Civ. C. '12 SECTION 2662; Civ. C. '02 SECTION 1777; R. S. 1540; 1885 (19) 212; 1897 (22) 463; 1914 (28) 487; 1918 (30) 880; 1923 (33) 161.
Nearby Sections
11
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Bluebook (online)
South Carolina § 34-13-110, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/13/34-13-110.