South Carolina Statutes
§ 40-29-95 — Financial responsibility requirements.
South Carolina·Title 40 PROFESSIONS AND OCCUPATIONS·Ch. 29 UNIFORM STANDARDS CODE FOR MANUFACTURED HOUSING
(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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South Carolina § 40-29-95 (Financial responsibility requirements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2013 Act No. 97, SECTION 1, eff June 20, 2013.
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.