South Carolina § 40-29-95 Financial responsibility requirements.

South Carolina Statutes

§ 40-29-95 — Financial responsibility requirements.

South Carolina § 40-29-95

Title 40PROFESSIONS AND OCCUPATIONS

Ch. 29UNIFORM STANDARDS CODE FOR MANUFACTURED HOUSING

This text of South Carolina § 40-29-95 (Financial responsibility requirements.) 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. § 40-29-95 (2026).

Text

(A)The board shall consider the financial responsibility of an applicant as determined by this section and regulations promulgated by the board.

(B)A retail dealer applicant who fails to possess cash or cash equivalency in an amount equal to or greater than one hundred fifty thousand dollars or a credit score of less than seven hundred must appear before the board.

(C)Should the board license an applicant who is unable to meet the financial responsibility guidelines of this section or the regulations of the board, then the board may modify or restrict the activities of the licensee.

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(A) The board shall consider the financial responsibility of an applicant as determined by this section and regulations promulgated by the board. (B) A retail dealer applicant who fails to possess cash or cash equivalency in an amount equal to or greater than one hundred fifty thousand dollars or a credit score of less than seven hundred must appear before the board. (C) Should the board license an applicant who is unable to meet the financial responsibility guidelines of this section or the regulations of the board, then the board may modify or restrict the activities of the licensee.