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Session 121 - (2015-2016)Printer Friendly
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S 0441 General Bill, By Hayes and Hutto
Summary: Guaranteed Asset Protection Act
    A BILL 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, AND TO PROVIDE FOR ENFORCEMENT OF THIS CHAPTER.
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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



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