South Carolina Statutes
§ 38-55-70 — Secured loans lawful.
South Carolina § 38-55-70
This text of South Carolina § 38-55-70 (Secured loans lawful.) 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. § 38-55-70 (2026).
Text
It is not a violation of SECTION 38-55-50 or the criminal laws of this State to offer to make or to make loans to citizens of this State to be secured by mortgage of real estate or other collateral security.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-55-70 [1962 Code SECTION 37-1207; 1964 (53) 2293] recodified as SECTION 38-57-70 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-9-110 [1947 (45) 322; 1952 Code SECTION 37-149; 1962 Code SECTION 37-149] recodified as SECTION 38-55-70 by 1987 Act No. 155, SECTION 1.
Nearby Sections
15
§ 38-55-100
Tontine plans prior to May 12, 1947.§ 38-55-110
Reserve requirements for tontine policies.§ 38-55-170
Presenting false claims for payment.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-55-70, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/38-55-70.