South Carolina Statutes
§ 56-15-520 — Transfer of title at wholesale motor vehicle auction; content of reassignment of title or bill of sale.
South Carolina·Title 56 MOTOR VEHICLES·Ch. 15 REGULATION OF MANUFACTURERS, DISTRIBUTORS, AND DEALERS
When a transfer of title is made as a result of a transaction at a wholesale motor vehicle auction, the reassignment of title or bill of sale must note the name and address of the wholesale motor vehicle auction. However, the wholesale motor vehicle auction is not deemed to be the owner, seller, transferor, or assignor of title of a motor vehicle by reason of its name appearing on a reassignment of title or bill of sale or by reason of its payment of a guarantee of payment to a seller, receipt of payment from a purchaser, or the reservation of a lien or security interest for the purpose of securing payment from a purchaser.
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South Carolina § 56-15-520 (Transfer of title at wholesale motor vehicle auction; content of reassignment of title or bill of sale.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1995 Act No. 70, SECTION 1.
Nearby Sections
15
§ 56-15-10
Definitions.§ 56-15-110
Suits for damages.§ 56-15-120
Limitation of actions.§ 56-15-130
Contracts in violation of chapter void.§ 56-15-140
Venue.§ 56-15-30
Unfair methods of competition and unfair or deceptive acts or practices declared unlawful.§ 56-15-310
Dealer or wholesaler licenses; term of license; fee; scope of license; penalties for violations.§ 56-15-315
Off-site displays of automobiles or trucks.§ 56-15-340
Records.§ 56-15-35
Consumer data.