South Carolina Statutes
§ 37-2-106 — "Consumer lease" defined.
South Carolina § 37-2-106
This text of South Carolina § 37-2-106 ("Consumer lease" defined.) 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. § 37-2-106 (2026).
Text
(1)"Consumer lease" means a lease of goods:
(a)which a lessor regularly engaged in the business of leasing makes to a person, other than an organization, who takes under a lease primarily for a personal, family or household purpose;
(b)in which the amount payable under the lease does not exceed twenty-five thousand dollars; and (c) which is for a term exceeding four months.
(2)"Consumer lease" does not include a lease made pursuant to a lender credit card or similar arrangement.
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Legislative History
HISTORY: 1962 Code SECTION 8-800.146; 1974 (58) 2879; 1982 Act No. 385, SECTION 11.
Nearby Sections
15
§ 37-2-101
Short title.§ 37-2-102
Scope.§ 37-2-103
Index of definitions in chapter.§ 37-2-104
"Consumer credit sale" defined.§ 37-2-106
"Consumer lease" defined.§ 37-2-107
"Seller" defined.§ 37-2-108
"Revolving charge account" defined.§ 37-2-109
"Credit service charge" defined.§ 37-2-110
"Cash price" defined.§ 37-2-111
"Amount financed" defined.§ 37-2-202
Additional charges.§ 37-2-203
Delinquency charges.§ 37-2-204
Deferral charges.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 37-2-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/2/37-2-106.