§ 34-39-210 — Suspension or revocation of license.

South Carolina § 34-39-210

• Jurisdiction: South Carolina
• Title 34: BANKING, FINANCIAL INSTITUTIONS AND MONEY
• Ch. 39: DEFERRED PRESENTMENT SERVICES

Text

(A) The board may suspend or revoke a license issued pursuant to this chapter if, after notice and opportunity for hearing, the board issues written findings that the licensee has: (1) violated this chapter or applicable state or federal law; (2) made a false statement on the application for a license under the chapter; (3) refused to permit investigation by the board as authorized by this chapter; (4) failed to comply with an order of the board; (5) demonstrated incompetency or untrustworthiness to engage in the business of deferred presentment services; or (6) been convicted of a felony or misdemeanor involving fraud, misrepresentation, or deceit. (B) The board may not suspend or revoke a license issued pursuant to this chapter unless the licensee has been given notice and opportunity for hearing in accordance with the Administrative Procedures Act.

Legislative History

HISTORY: 1998 Act No. 433, SECTION 1, eff upon approval (became law without the Governor's signature on June 11, 1998).