South Carolina § 27-32-30 Materials to be kept among business records of seller of plans.

South Carolina Statutes

§ 27-32-30 — Materials to be kept among business records of seller of plans.

South Carolina § 27-32-30

Title 27PROPERTY AND CONVEYANCES

Ch. 32VACATION TIME SHARING PLANS

This text of South Carolina § 27-32-30 (Materials to be kept among business records of seller of plans.) 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. § 27-32-30 (2026).

Text

It is a violation of this chapter for a person offering vacation time sharing plans for sale to the public to fail to keep among its business records a:

(1)copy of each item required to be submitted to the commission pursuant to Section 27-32-20;

(2)copy of the contract from each sale of the vacation time sharing plan, which contract must be retained for at least three years after parties to the vacation time sharing plan have completely performed all of their obligations under it; and (3) list of all employees, and their last known mailing addresses, which list must include all current employees and all previous employees whose employment was terminated within the preceding three years.

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It is a violation of this chapter for a person offering vacation time sharing plans for sale to the public to fail to keep among its business records a: (1) copy of each item required to be submitted to the commission pursuant to Section 27-32-20; (2) copy of the contract from each sale of the vacation time sharing plan, which contract must be retained for at least three years after parties to the vacation time sharing plan have completely performed all of their obligations under it; and (3) list of all employees, and their last known mailing addresses, which list must include all current employees and all previous employees whose employment was terminated within the preceding three years.