Current Status Introducing Body:House Bill Number:3007 Primary Sponsor:Kirsh Committee Number:26 Type of Legislation:GB Subject:Contractor, affidavit of financial condition Residing Body:House Current Committee:Labor, Commerce and Industry Computer Document Number:3007 Introduced Date:Jan 08, 1991 Last History Body:House Last History Date:Jan 08, 1991 Last History Type:Introduced and read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Kirsh Whipper Type of Legislation:General Bill
Bill Body Date Action Description CMN
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3007 House Jan 08, 1991 Introduced and read first 26
time, referred to Committee
3007 House Dec 12, 1990 Prefiled, referred to 26
Committee
View additional legislative information at the LPITS web site.
TO AMEND SECTION 40-11-160, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE FINANCIAL STATEMENT REQUIRED TO LICENSE A CONTRACTOR, SO AS TO REQUIRE AN AFFIDAVIT OF FINANCIAL CONDITION INSTEAD OF A FINANCIAL STATEMENT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 40-11-160 of the 1976 Code is amended to read:
"Section 40-11-160. The board shall may not issue a license to any a contractor above the Group 1 level as this is defined by regulation of the board until such the contractor furnished furnishes the board with a financial statement certified by a certified public accountant or a public accountant an affidavit by the contractor of his financial condition."
SECTION 2. This act takes effect upon approval by the Governor.