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H 4678 Session 123 (2019-2020)
H 4678 General Bill, By Jones and Clyburn
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 17
TO CHAPTER 1, TITLE 1 SO AS TO PROVIDE THAT GOLD AND SILVER COINS MINTED
FOREIGN OR DOMESTIC SHALL BE LEGAL TENDER IN THIS STATE, AND TO PROVIDE THAT
NO PERSON MAY COMPEL ANOTHER PERSON TO TENDER OR ACCEPT GOLD OR SILVER COIN
UNLESS AGREED UPON BY THE PARTIES. View full text
11/20/19 House Prefiled
11/20/19 House Referred to Committee on Judiciary
01/14/20 House Introduced and read first time (House Journal-page 65)
01/14/20 House Referred to Committee on Judiciary
(House Journal-page 65)
H. 4678
A BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 17 TO CHAPTER 1, TITLE 1 SO AS TO PROVIDE THAT GOLD AND SILVER COINS MINTED FOREIGN OR DOMESTIC SHALL BE LEGAL TENDER IN THIS STATE, AND TO PROVIDE THAT NO PERSON MAY COMPEL ANOTHER PERSON TO TENDER OR ACCEPT GOLD OR SILVER COIN UNLESS AGREED UPON BY THE PARTIES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 1, Title 1 of the 1976 Code is amended by adding:
" Article 17
Gold and Silver as Legal Tender
Section 1-1-1110. To the full extent allowed by Article 1, Section 10, Clause 1 of the Constitution of the United States, gold and silver coins minted foreign or domestic shall be legal tender in the State of South Carolina under the laws of this State.
Section 1-1-1120. No person or other entity may compel another person or other entity to tender or accept gold or silver coin unless agreed upon by the parties."
SECTION 2. This act takes effect upon approval by the Governor.
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