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Session 108 - (1989-1990)Printer Friendly
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H 3401 General Bill, By W.N. Cork, T.M. Burriss, P.W. Derrick and L.L. Taylor
A Bill to amend Sections 37-2-405 and 37-2-402, Code of Laws of South Carolina, 1976, relating to the right of the consumer to refinance balloon payments due pursuant to consumer credit sales and consumer loans under the South Carolina Consumer Protection Code, so as to exempt from the requirements of the Sections all credit transactions and all consumer loans rather than only those in which the primary security is a real estate lien if the formula for determining charges or changes in payments upon renegotiation is included in the agreement.
A Bill to amend Sections 37-2-405 and 37-2-402, Code of Laws of South Carolina, 1976, relating to the right of the consumer to refinance balloon payments due pursuant to consumer credit sales and consumer loans under the South Carolina Consumer Protection Code, so as to exempt from the requirements of the Sections all credit transactions and all consumer loans rather than only those in which the primary security is a real estate lien if the formula for determining charges or changes in payments upon renegotiation is included in the agreement.
02/01/89 | House | Introduced and read first time HJ-20 |
02/01/89 | House | Referred to Committee on Labor, Commerce and Industry HJ-20 |
02/16/89 | House | Committee report: Favorable Labor, Commerce and Industry HJ-8 |
02/22/89 | House | Read second time HJ-21 |
02/23/89 | House | Read third time and sent to Senate HJ-13 |
02/23/89 | Senate | Introduced and read first time SJ-18 |
02/23/89 | Senate | Referred to Committee on Banking and Insurance SJ-1 |
04/13/89 | Senate | Recalled from Committee on Banking and Insurance SJ-18 |
04/25/89 | Senate | Read second time SJ-54 |
04/25/89 | Senate | Ordered to third reading with notice of amendments SJ-54 |
05/31/89 | Senate | Tabled SJ-51 |