South Carolina Legislature




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Session 119 - (2011-2012)Printer Friendly
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H 3535 General Bill, By Hart and King
Summary: Mortgage payment mandatory minimum grace period
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 29-1-70 SO AS TO PROVIDE A MANDATORY MINIMUM GRACE PERIOD OF TWENTY DAYS FOR A MORTGAGE PAYMENT, TO DEFINE THE TERM GRACE PERIOD, AND TO PROVIDE THAT THIS SECTION DOES NOT APPLY TO A SIMPLE INTEREST OR OTHER MORTGAGE IN WHICH INTEREST ACCRUES DAILY.
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02/02/11House Introduced and read first time (House Journal-page 14)
02/02/11House Referred to Committee on Labor, Commerce and Industry (House Journal-page 14)



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