South Carolina § 39-57-70 Business opportunity contracts to be in writing; terms to be included.

South Carolina Statutes

§ 39-57-70 — Business opportunity contracts to be in writing; terms to be included.

South Carolina § 39-57-70

Title 39TRADE AND COMMERCE

Ch. 57BUSINESS OPPORTUNITY SALES ACT

This text of South Carolina § 39-57-70 (Business opportunity contracts to be in writing; terms to be included.) 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. § 39-57-70 (2026).

Text

(a)Every business opportunity contract shall be in writing and a copy shall be given to the purchaser at the time he signs the contract.

(b)Every contract for a business opportunity shall include the following:

(1)The terms and conditions of payment;

(2)A detailed description of the services that the business opportunity seller undertakes to perform for the purchaser;

(3)The seller's principal business address and the name and address of its agent in the State authorized to receive service of process;

(4)The approximate delivery date of any product, equipment or supplies the business opportunity seller is to deliver to the purchaser.

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(a) Every business opportunity contract shall be in writing and a copy shall be given to the purchaser at the time he signs the contract. (b) Every contract for a business opportunity shall include the following: (1) The terms and conditions of payment; (2) A detailed description of the services that the business opportunity seller undertakes to perform for the purchaser; (3) The seller's principal business address and the name and address of its agent in the State authorized to receive service of process; (4) The approximate delivery date of any product, equipment or supplies the business opportunity seller is to deliver to the purchaser.