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Session 121 - (2015-2016)Printer Friendly
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S*0441 (Rat #0054, Act #0031 of 2015) General Bill, By Hayes and Hutto
Similar (H 4013)
Summary: Guaranteed Asset Protection Act
    AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING CHAPTER 30 TO TITLE 37 SO AS TO ENACT THE "GUARANTEED ASSET PROTECTION ACT", TO PROVIDE A FRAMEWORK WITHIN WHICH GUARANTEED ASSET PROTECTION WAIVERS ARE DEFINED AND MAY BE OFFERED WITHIN THIS STATE, TO PROVIDE REQUIREMENTS FOR OFFERING GUARANTEED ASSET PROTECTION WAIVERS, TO PROVIDE THE DISCLOSURES REQUIRED, TO PROVIDE FOR CANCELLATION OF GUARANTEED ASSET PROTECTION WAIVERS, TO PROVIDE FOR ENFORCEMENT OF THIS CHAPTER, AND TO PROVIDE FOR CIVIL REMEDIES. - ratified title
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02/11/15Senate Introduced and read first time (Senate Journal-page 3)
02/11/15Senate Referred to Committee on Banking and Insurance (Senate Journal-page 3)
03/25/15Senate Committee report: Favorable with amendment Banking and Insurance (Senate Journal-page 17)
03/26/15 Scrivener's error corrected
04/15/15Senate Committee Amendment Adopted (Senate Journal-page 28)
04/16/15Senate Amended (Senate Journal-page 16)
04/16/15Senate Read second time (Senate Journal-page 16)
04/16/15Senate Roll call Ayes-37 Nays-2 (Senate Journal-page 16)
04/17/15 Scrivener's error corrected
04/21/15Senate Read third time and sent to House (Senate Journal-page 29)
04/22/15House Introduced and read first time (House Journal-page 19)
04/22/15House Referred to Committee on Labor, Commerce and Industry (House Journal-page 19)
05/14/15House Committee report: Favorable Labor, Commerce and Industry (House Journal-page 37)
05/20/15House Read second time (House Journal-page 41)
05/20/15House Roll call Yeas-88 Nays-0 (House Journal-page 42)
05/21/15House Read third time and enrolled (House Journal-page 14)
05/28/15 Ratified R 54
06/01/15 Signed By Governor
06/04/15 Effective date See Act for Effective Date
06/05/15 Act No. 31



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