South Carolina General Assembly
113th Session, 1999-2000

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Bill 602

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Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

INTRODUCED

March 16, 1999

S. 602

Introduced by Labor, Commerce and Industry Committee

S. Printed 3/16/99--S.

Read the first time March 16, 1999.

A JOINT RESOLUTION

TO APPROVE REGULATIONS OF THE DEPARTMENT OF LABOR, LICENSING AND REGULATION, REAL ESTATE COMMISSION, RELATING TO VACATION TIME-SHARING, EDUCATIONAL PROVIDERS, AND REAL ESTATE PRACTICES, DESIGNATED AS REGULATION DOCUMENT NUMBER 2344, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE 1976 CODE.

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

SECTION 1. The regulations of the Department of Labor, Licensing and Regulation, Real Estate Commission, relating to vacation time-sharing, educational providers, and real estate practices, designated as Regulation Document Number 2344, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the 1976 Code, are approved.

SECTION 2. This joint resolution takes effect upon approval by the Governor.

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SUMMARY AS SUBMITTED

BY PROMULGATING AGENCY.

The Real Estate Commission proposes regulations to conform with the revisions in the statute which include the incorporation of much of the existing regulations.

The revisions repeal regulations that are covered in the statute relating to real estate practices.

The proposed amendments to regulations relating to vacation time-share plans remove language repeated in the statute.

The proposed changes regarding educational providers, courses, and instructors revise the regulations to be consistent with the latest statutory changes.

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