South Carolina Statutes
§ 27-18-175 — Application of chapter.
This chapter does not apply to forfeited reservation deposits. For purposes of this chapter, the term "reservation deposit" means an amount of money paid to a business association to guarantee that the business association holds a specific service including, but not limited to, a room accommodation at a hotel, a vacation rental, seating at a restaurant, or an appointment with a doctor, for a specified date and place. The term "reservation deposit" does not include an application fee, a utility deposit, or a deposit made toward the purchase of real property.
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South Carolina § 27-18-175 (Application of chapter.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2001 Act No. 43, SECTION 3.
Nearby Sections
15
§ 27-18-10
Short title.§ 27-18-150
Credit memo.§ 27-18-160
Unpaid wages and unpresented payroll checks.§ 27-18-175
Application of chapter.§ 27-18-20
Definitions.