South Carolina Statutes
§ 12-28-1160 — Applicant may be required to furnish current verified, financial statements.
At the department's reasonable discretion, it may require a licensee or an applicant to furnish current verified, financial statements. The department may make independent inquiry into the financial condition of the applicant and is not required to accept as accurate financial statements which have not been certified or independently audited. If the department determines that a licensee's financial condition warrants an increase in the bond or cash deposit, the department may require the licensee to furnish an increased bond or cash deposit.
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South Carolina § 12-28-1160 (Applicant may be required to furnish current verified, financial statements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1995 Act No. 136, SECTION 2.
Nearby Sections
15
§ 12-28-110
Definitions.§ 12-28-1100
Supplier's license; fee.§ 12-28-1105
Permissive supplier's license; fee.§ 12-28-1110
Terminal operator's license; fee.§ 12-28-1115
Exporter's license; fee.§ 12-28-1120
Transporter's license; fee.§ 12-28-1130
Tank wagon operator-importer license; fee.§ 12-28-1135
Fuel vendor license; fee.§ 12-28-1139
Miscellaneous fuel user fee license; fee.§ 12-28-1140
Application for a license.§ 12-28-1145
Investigation of applicant for a license.§ 12-28-1150
Fingerprinting provisions; exemptions.