South Carolina § 34-29-50 Contents of license; posting; nonassignability; duration; annual fee.

South Carolina Statutes

§ 34-29-50 — Contents of license; posting; nonassignability; duration; annual fee.

South Carolina § 34-29-50

Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY

Ch. 29CONSUMER FINANCE LAW

This text of South Carolina § 34-29-50 (Contents of license; posting; nonassignability; duration; annual fee.) 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. § 34-29-50 (2026).

Text

(a)Each license shall state the address at which the business is to be conducted and shall state fully the name of the licensee, and if the licensee is a copartnership or association, the names of the members thereof, and if a corporation, the date and place of its incorporation. Each license shall be kept posted in the licensed place of business and shall not be transferable or assignable.

(b)Each license shall remain in full force and effect until surrendered, revoked or suspended as hereinafter provided. Each licensee shall, on or before the first day of each February, pay to the Board the sum, as prescribed by the Board, for each license held by the licensee as a license renewal fee for the current year, computed as of December thirty-first of the preceding calendar year.

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(a) Each license shall state the address at which the business is to be conducted and shall state fully the name of the licensee, and if the licensee is a copartnership or association, the names of the members thereof, and if a corporation, the date and place of its incorporation. Each license shall be kept posted in the licensed place of business and shall not be transferable or assignable. (b) Each license shall remain in full force and effect until surrendered, revoked or suspended as hereinafter provided. Each licensee shall, on or before the first day of each February, pay to the Board the sum, as prescribed by the Board, for each license held by the licensee as a license renewal fee for the current year, computed as of December thirty-first of the preceding calendar year.

Legislative History

HISTORY: 1962 Code SECTION 8-800.1; 1956 (49) 2052, 2967; 1957 (50) 339; 1966 (54) 2391; 1976 Act No. 686 SECTION 59; 1976 Act No. 709 Part II SECTION 7; 1977 Act No. 219 Pt II SECTION 10.