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Session 115 - (2003-2004)Printer Friendly
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H 4550 General Bill, By Viers and Toole
Summary: Consumer loans, supervised lender may not contract for and receive finance charge in excess of 36% a year
A BILL TO AMEND SECTION 37-3-201, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO LOAN FINANCE CHARGES FOR CONSUMER LOANS, SO AS TO PROVIDE THAT A SUPERVISED LENDER MAY NOT CONTRACT FOR AND RECEIVE A LOAN FINANCE CHARGE IN EXCESS OF THIRTY-SIX PERCENT A YEAR IN CONNECTION WITH A CONSUMER LOAN.
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Summary: Consumer loans, supervised lender may not contract for and receive finance charge in excess of 36% a year
A BILL TO AMEND SECTION 37-3-201, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO LOAN FINANCE CHARGES FOR CONSUMER LOANS, SO AS TO PROVIDE THAT A SUPERVISED LENDER MAY NOT CONTRACT FOR AND RECEIVE A LOAN FINANCE CHARGE IN EXCESS OF THIRTY-SIX PERCENT A YEAR IN CONNECTION WITH A CONSUMER LOAN.
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01/14/04 | House | Introduced and read first time HJ-87 |
01/14/04 | House | Referred to Committee on Labor, Commerce and Industry HJ-87 |
02/10/04 | House | Member(s) request name added as sponsor: Toole |