H*4507(Rat #0378, Act #0313 of 1998)  General Bill, By Davenport
 A BILL TO AMEND CHAPTER 11, TITLE 40, CODE OF LAWS OF SOUTH CAROLINA, 1976,
 RELATING TO THE REGULATION OF CONTRACTORS AS A PROFESSION, BY ADDING SECTION
 40-11-165 SO AS TO PROVIDE THAT A PERSON WHO IS OR HAS BEEN LICENSED PURSUANT
 TO THIS CHAPTER WHO LEAVES THE STATE WITH UNPAID DEBTS AND SUBSEQUENTLY
 RETURNS AND SEEKS LICENSURE AGAIN, OR TO DO BUSINESS AGAIN UNDER A STILL
 VALID, PREVIOUSLY ISSUED LICENSE, SHALL FILE A SIGNED, NOTARIZED STATEMENT
 LISTING CERTAIN FINANCIAL INFORMATION, AND TO PROVIDE FOR RELATED
 MATTERS.-AMENDED TITLE

   01/27/98  House  Introduced and read first time HJ-342
   01/27/98  House  Referred to Committee on Labor, Commerce and
                     Industry HJ-342
   02/25/98  House  Committee report: Favorable with amendment Labor,
                     Commerce and Industry HJ-10
   02/26/98  House  Amended HJ-23
   02/26/98  House  Read second time HJ-24
   02/26/98  House  Unanimous consent for third reading on next
                     legislative day HJ-24
   02/27/98  House  Read third time and sent to Senate HJ-2
   03/03/98  Senate Introduced and read first time SJ-13
   03/03/98  Senate Referred to Committee on Labor, Commerce and
                     Industry SJ-13
   04/14/98  Senate Committee report: Favorable Labor, Commerce and
                     Industry SJ-13
   05/13/98  Senate Read second time SJ-45
   05/14/98  Senate Read third time and enrolled SJ-26
   05/21/98         Ratified R 378
   05/26/98         Signed By Governor
   06/08/98         Effective date 05/26/98
   06/08/98         Copies available
   06/08/98         Act No. 313

AN ACT TO AMEND CHAPTER 11, TITLE 40, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE REGULATION OF CONTRACTORS AS A PROFESSION, BY ADDING SECTION 40-11-165 SO AS TO PROVIDE THAT A PERSON WHO IS OR HAS BEEN LICENSED PURSUANT TO THIS CHAPTER WHO LEAVES THE STATE WITH UNPAID DEBTS AND SUBSEQUENTLY RETURNS AND SEEKS LICENSURE AGAIN, OR TO DO BUSINESS AGAIN UNDER A STILL-VALID, PREVIOUSLY ISSUED LICENSE, SHALL FILE A SIGNED, NOTARIZED STATEMENT LISTING CERTAIN FINANCIAL INFORMATION, AND TO PROVIDE FOR RELATED MATTERS.

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

Listing of outstanding debts, bankruptcies; etc.

SECTION 1. The 1976 Code is amended by adding:

Section 40-11-165. Notwithstanding any other provision of law, a person who is or has been licensed pursuant to the provisions of this chapter who leaves this State with unpaid debts and subsequently returns to the State and seeks to become licensed in this State again, or to do business again in this State under the authority of a still-valid license previously issued under this chapter, shall file with the board a signed, notarized statement listing (1) all outstanding debts the person, or any subsidiary of the person, owes with respect to having done business previously in this State and (2) all bankruptcies which the person, or any subsidiary of the person, has been involved in at any time and place. The board is authorized to refuse to issue a license to the person, and is also authorized to revoke the person's still-valid license, as the case may be, based upon the information contained in the signed, notarized statement required by this section.

Time effective

SECTION 2. This act takes effect upon approval by the Governor.

Approved the 26th day of May, 1998.