South Carolina Statutes
§ 27-32-115 — Finder's fees; limitations on finder's activities.
Notwithstanding another provision of law, a seller may pay a finder's fee to a person who is not licensed pursuant to Chapter 57 of Title 40 and who owns an interest in the seller's vacation time sharing plan. This section does not permit a person who receives the finder's fee to advertise or promote the time sharing interest, show property, discuss terms and conditions of purchase, or otherwise participate in negotiations with regard to the time sharing interests, unless the person is a regular employee of the seller or properly licensed pursuant to Chapter 57 of Title 40.
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South Carolina § 27-32-115 (Finder's fees; limitations on finder's activities.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2003 Act No. 84, SECTION 1.
Nearby Sections
15
§ 27-32-10
Definitions.§ 27-32-100
Public offering statements; contents.§ 27-32-110
Prohibited practices.§ 27-32-140
Materials required to be filed with plans concerning facilities not substantially completed.§ 27-32-200
Vacation Time Sharing Recovery Fund.§ 27-32-210
Recovery from fund; conditions.