South Carolina Statutes
§ 40-5-370 — Furnishing advice or service to debtor in debt pooling plan involving deposit for distribution to creditors as practice of law violation constitutes misdemeanor; penalty.
South Carolina § 40-5-370
This text of South Carolina § 40-5-370 (Furnishing advice or service to debtor in debt pooling plan involving deposit for distribution to creditors as practice of law violation constitutes misdemeanor; penalty.) 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. § 40-5-370 (2026).
Text
The furnishing of advice or services for compensation to a debtor in connection with a debt pooling plan pursuant to which the debtor deposits funds for the purpose of distributing them among his creditors shall be deemed to be the practice of law. Any person, other than one licensed to practice law in this State, who furnishes or offers to furnish such advice or services for compensation shall be guilty of a misdemeanor and upon conviction shall be subject to a fine of five hundred dollars.
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Legislative History
HISTORY: 1962 Code SECTION 56-147; 1963 (53) 556.
Nearby Sections
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§ 40-5-210
State Board of Law Examiners.§ 40-5-350
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Bluebook (online)
South Carolina § 40-5-370, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/5/40-5-370.