South Carolina § 12-36-550 Duration of license's validity; display of license; license not transferable or assignable.

South Carolina Statutes

§ 12-36-550 — Duration of license's validity; display of license; license not transferable or assignable.

South Carolina·Title 12 TAXATION·Ch. 36 SOUTH CAROLINA SALES AND USE TAX ACT

The license provided for in this article:

(1)is valid so long as the person to whom it is issued continues in the same business, unless revoked by the department. It is presumed that a retailer is not continuing in the same business and must surrender the retail sales license if the retailer has no retail sales for twenty-four consecutive months. To allow the license to remain valid, the retailer may submit an affidavit to the department swearing that the business is continuing;

(2)must at all times be conspicuously displayed at the place for which it was issued;

(3)is not transferable or assignable.

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The license provided for in this article: (1) is valid so long as the person to whom it is issued continues in the same business, unless revoked by the department. It is presumed that a retailer is not continuing in the same business and must surrender the retail sales license if the retailer has no retail sales for twenty-four consecutive months. To allow the license to remain valid, the retailer may submit an affidavit to the department swearing that the business is continuing; (2) must at all times be conspicuously displayed at the place for which it was issued; (3) is not transferable or assignable.

South Carolina § 12-36-550 (Duration of license's validity; display of license; license not transferable or assignable.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.