South Carolina Statutes
§ 40-6-280 — "Absolute" auctions.
It is unlawful to conduct or advertise that an auction is "absolute" if minimum opening bids are required or other conditions are placed on the sale which limit the sale other than to the highest bidder.
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Legislative History
HISTORY: 2000 Act No. 318, SECTION 1. Editor's Note Prior Laws:1988 Act No. 408, SECTION 2; 1976 Code SECTION 40-6-145.
Nearby Sections
15
§ 40-6-05
Application of Chapter 1; conflicts.§ 40-6-115
Jurisdiction of commission.§ 40-6-150
Surrender of license.§ 40-6-160
Appeal.§ 40-6-170
Costs.§ 40-6-180
Payment of costs and fines.§ 40-6-20
Definitions.§ 40-6-200
Penalties.