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February 22, 2001
S. Printed 2/22/01--S.
Read the first time February 22, 2001.
TO APPROVE REGULATIONS OF THE DEPARTMENT OF CONSUMER AFFAIRS, RELATING TO ADJUSTMENT OF DOLLAR AMOUNTS, DESIGNATED AS REGULATION DOCUMENT NUMBER 2525, 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 Consumer Affairs, relating to adjustment of dollar amounts, designated as Regulation Document Number 2525, 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.
The proposed amendment indicates the dollar amounts in the South Carolina Consumer Protection Code sections which shall change by increasing ten percent with the exception of Section 37-3-203(2) which have a self-executing formula of forty percent. These sections shall change as indicated on July 1, 2000, in accordance with Section 37-1-109.
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