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Session 113 - (1999-2000)Printer Friendly
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H 4125 General Bill, By Wilkes
Similar (S 0880)
Summary: Motor vehicle sales, recoupment of closing costs incurred by dealer; Consumer Affairs
    A BILL TO AMEND ARTICLE 3, CHAPTER 19, TITLE 56, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CERTIFICATES OF TITLE, BY ADDING SECTION 56-19-490 SO AS TO PROVIDE FOR THE RECOUPMENT OF CLOSING COSTS INCURRED BY A MOTOR VEHICLE DEALER IN CONNECTION WITH A SALE UNDER CERTAIN CIRCUMSTANCES; AND TO AMEND SECTION 37-2-202, AS AMENDED, RELATING TO ALLOWABLE ADDITIONAL CHARGES IN CONNECTION WITH A CONSUMER CREDIT SALE, SO AS TO PROVIDE FOR A UNIFORM ADDITIONAL CHARGE BY A MOTOR VEHICLE DEALER TO RECOUP ITS CLOSING COSTS, TO REQUIRE THAT THE CHARGE ALSO APPLY TO CASH BUYERS, TO LIMIT THE CHARGE TO NINETY-NINE DOLLARS AND FIFTY CENTS, AND TO REQUIRE WRITTEN DISCLOSURE.
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05/19/99House Introduced and read first time HJ-16
05/19/99House Referred to Committee on Education and Public Works HJ-16
05/26/99House Recalled from Committee on Education and Public Works HJ-65
05/26/99House Referred to Committee on Labor, Commerce and Industry HJ-65



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