H*2736(Rat #0575, Act #0475 of 1980)  General Bill, By M.R. Daniel, 
R.K. Anderson, T.W. Edwards, P. Freeman, R.L. McFadden and J.M. Rucker
 A Bill to amend Section 37-1-201, Code of Laws of South Carolina, 1976, as
 amended, relating to the territorial application of the South Carolina
 Consumer Protection Code, so as to expand the territorial application of the
 Consumer Protection Code in regard to certain maximum charges and the
 administrator's powers over consumer credit sales and consumer loans solicited
 in South Carolina not otherwise covered by the Consumer Protection Code.

   03/29/79  House  Introduced and read first time HJ-1082
   03/29/79  House  Referred to Committee on Judiciary HJ-1082
   06/07/79  House  Recalled from Committee on Judiciary HJ-2473
   06/14/79  House  Debate adjourned HJ-2630
   06/20/79  House  Read second time HJ-2690
   06/21/79  House  Read third time and sent to Senate HJ-2760
   06/21/79  Senate Introduced and read first time SJ-17
   06/21/79  Senate Referred to Committee on Judiciary SJ-17
   05/29/80  Senate Recalled from Committee on Judiciary SJ-84
   05/29/80  Senate Read second time SJ-84
   05/30/80  Senate Read third time and enrolled SJ-3
   06/04/80  House  Ratified R 575 HJ-3597
   06/09/80         Signed By Governor
   06/09/80         Effective date 06/09/80
   06/09/80         Act No. 475
   06/18/80         Copies available

AN ACT TO AMEND SECTION 37-1-201, CODE OF LAWS OF SOUTH CAROLINA, 1976, AS AMENDED, RELATING TO THE TERRITORIAL APPLICATION OF THE SOUTH CAROLINA CONSUMER PROTECTION CODE, SO AS TO EXPAND THE TERRITORIAL APPLICATION OF THE CONSUMER PROTECTION CODE IN REGARD TO CERTAIN MAXIMUM CHARGES AND THE ADMINISTRATOR'S POWERS OVER CONSUMER CREDIT SALES AND CONSUMER LOANS SOLICITED IN SOUTH CAROLINA NOT OTHERWISE COVERED BY THE CONSUMER PROTECTION CODE.

Be it enacted by the General Assembly of the State of South Carolina:

Territorial application of Consumer Protection Code

Section 1. Section 37-1-201 of the 1976 Code, as amended by Act 686 of 1976, is further amended by adding at the end:

"(8) With respect to a consumer credit sale or consumer loan to which this title does not otherwise apply, if, pursuant to solicitation in this State, a consumer who is a resident of this State sends a signed writing evidencing the obligation or offer of the consumer to a creditor in another state and receives the goods or services purchased or the cash proceeds of the loan in this State:

(a) The creditor may not contract for or receive charges exceeding those permitted by this title;

(b) The provisions on Powers and Functions of Administrator (part 1 of Chapter 6 of this title) shall apply as though the consumer credit sale or consumer loan were entered into in this State."

Time effective

Section 2. This act shall take effect upon approval by the Governor.