South Carolina Statutes
§ 40-29-250 — Acts warranting consumer indemnity from security bond.
South Carolina·Title 40 PROFESSIONS AND OCCUPATIONS·Ch. 29 UNIFORM STANDARDS CODE FOR MANUFACTURED HOUSING
Each surety bond or other approved security issued for a manufactured home manufacturer, a manufactured home retail dealer, or a salesperson must be indemnity for a loss sustained by a consumer as a result of:
(1)a violation of a provision of this chapter or a regulation of the board;
(2)a violation of the written warranty or failure to fulfill warranty obligations as outlined in this chapter;
(3)fraud in the execution or performance of a contract;
(4)a misrepresentation in reference to the sale of a manufactured home;
(5)refusal, failure, or inability to transfer good and sufficient legal title to the consumer;
(6)a misappropriation of funds belonging to the consumer;
(7)an alteration to deceive the consumer as to the manufacture or construction of the product;
(8)a false and frau
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South Carolina § 40-29-250 (Acts warranting consumer indemnity from security bond.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2001 Act No. 61, SECTION 1. Editor's Note Prior Laws:1989 Act No. 128, SECTION 1; 1976 Code SECTION 40-29-140.
Nearby Sections
15
§ 40-29-110
Grounds for denial of license.§ 40-29-120
Prior criminal record of license applicant.§ 40-29-140
Appeal.§ 40-29-150
Costs of investigation and prosecution.§ 40-29-160
Collection and enforcement of fines.§ 40-29-20
Definitions.§ 40-29-210
Examination; fees; training.