South Carolina § 34-39-160 Qualifications for licensure.

South Carolina Statutes

§ 34-39-160 — Qualifications for licensure.

South Carolina § 34-39-160

Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY

Ch. 39DEFERRED PRESENTMENT SERVICES

This text of South Carolina § 34-39-160 (Qualifications for licensure.) 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. § 34-39-160 (2026).

Text

To qualify for a license issued pursuant to this chapter, an applicant shall have:

(1)a minimum net worth, determined in accordance with generally accepted accounting principles, of at least twenty-five thousand dollars available for the operation of each location; and (2) the financial responsibility, character, experience, and general fitness so as to command the confidence of the public and to warrant belief that the business is operated lawfully, honestly, fairly, and efficiently.

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To qualify for a license issued pursuant to this chapter, an applicant shall have: (1) a minimum net worth, determined in accordance with generally accepted accounting principles, of at least twenty-five thousand dollars available for the operation of each location; and (2) the financial responsibility, character, experience, and general fitness so as to command the confidence of the public and to warrant belief that the business is operated lawfully, honestly, fairly, and efficiently.