South Carolina Statutes
§ 37-3-106 — "Loan" defined.
South Carolina § 37-3-106
This text of South Carolina § 37-3-106 ("Loan" defined.) 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. § 37-3-106 (2026).
Text
"Loan" includes:
(1)the creation of debt by the lender's payment of or agreement to pay money to the debtor or to a third party for the account of the debtor;
(2)the creation of debt by a credit to an account with the lender upon which the debtor is entitled to draw immediately;
(3)the creation of debt pursuant to a lender credit card or similar arrangement; and (4) the forbearance of debt arising from a loan.
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Legislative History
HISTORY: 1962 Code SECTION 8-800.236; 1974 (58) 2879; 1982 Act No. 385, SECTION 27.
Nearby Sections
15
§ 37-3-101
Short title.§ 37-3-102
Scope.§ 37-3-103
Index of definitions.§ 37-3-104
"Consumer loan" defined.§ 37-3-105
First mortgage real estate loans.§ 37-3-106
"Loan" defined.§ 37-3-108
"Revolving loan account" defined.§ 37-3-109
"Loan finance charge" defined.§ 37-3-200
Restricted loans and restricted lenders.§ 37-3-201
Loan finance charge for consumer loans.§ 37-3-202
Additional charges.§ 37-3-203
Delinquency charges.§ 37-3-204
Deferral charges.§ 37-3-205
Loan finance charge on refinancing.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 37-3-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/3/37-3-106.