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POLLED OUT OF COMMITTEE
MAJORITY FAVORABLE
May 23, 2002
H. 4641
S. Printed 5/23/02--S.
Read the first time April 16, 2002.
To whom was referred a Bill (H. 4641) to amend Chapter 15, Title 56, Code of Laws of South Carolina, 1976, relating to the regulation of motor vehicle manufacturers, distributors, and dealers, by adding Article 4 , etc., respectfully
Has polled the Bill out majority favorable.
TO AMEND CHAPTER 15, TITLE 56, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE REGULATION OF MOTOR VEHICLE MANUFACTURERS, DISTRIBUTORS, AND DEALERS, BY ADDING ARTICLE 4 SO AS TO REQUIRE NONFRANCHISE AUTOMOBILE DEALERS TO COMPLETE CERTAIN PRE-LICENSING AND CONTINUING EDUCATION COURSES BEFORE BEING ISSUED A DEALER'S LICENSE OR HAVING A DEALER'S LICENSE RENEWED, AND TO PROVIDE FOR THE CREATION, MEMBERSHIP, AND PURPOSE OF THE SOUTH CAROLINA INDEPENDENT EDUCATION ADVISORY BOARD, WHICH SHALL ASSIST WITH THE CONTINUING EDUCATION REQUIREMENTS OF NONFRANCHISE AUTOMOBILE DEALERS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 15, Title 56 of the 1976 Code is amended by adding:
Section 56-15-410. An applicant for an initial nonfranchise automobile dealer license must successfully complete at least eight hours of pre-licensing education courses before he may be issued a license. At least one shareholder listed on the application for an initial nonfranchise automobile dealer license must comply with the education requirement contained in this section.
Section 56-15-420. The Department of Public Safety shall promulgate regulations to implement the provisions contained in this article."
SECTION 2. The provisions contained in Section 56-15-410 of this act take effect on January 1, 2004. The provisions contained in Section 56-15-420 of this act take effect upon approval by the Governor.
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