South Carolina Statutes
§ 12-28-2520 — Motor fuel licensee bond exemption based on statement of assets and liabilities.
A motor fuel licensee may furnish the department with a statement of assets and liabilities, and if in the judgment of the department the property owned by the motor fuel licensee is sufficient to protect the State in the payment of all motor fuel user fees due, a bond is not required.
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South Carolina § 12-28-2520 (Motor fuel licensee bond exemption based on statement of assets and liabilities.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1995 Act No. 136, SECTION 2; 1996 Act No. 461, SECTION 4Z. ARTICLE 27 Deposits and Distributions
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.