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S. 537
STATUS INFORMATION
General Bill
Sponsors: Senator Waldrep
Document Path: l:\council\bills\nbd\11495ac03.doc
Companion/Similar bill(s): 3901, 4737
Introduced in the Senate on April 1, 2003
Currently residing in the Senate Committee on Labor, Commerce and Industry
Summary: Manufactured housing licenses, licensure exception provided for real estate brokers and salesmen
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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4/1/2003 Senate Introduced and read first time SJ-3
4/1/2003 Senate Referred to Committee on Labor, Commerce and Industry
SJ-3
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 40-29-200, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO MANUFACTURED HOUSING LICENSES, SO AS TO FURTHER PROVIDE FOR THE LICENSURE EXCEPTION FOR REAL ESTATE BROKERS AND SALESMEN.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 40-29-200(C) of the 1976 Code, as last amended by Act 61 of 2001, is further amended to read:
"(C) A manufactured housing license is not required for a licensed real estate salesman or licensed real estate broker who negotiates for sale or sells a manufactured home for an individual who is the owner of not more than two manufactured homes, or for banks and finance companies licensed by the South Carolina Manufactured Housing Board that acquire manufactured homes which are situated on or affixed to real property as an incident to their regular business."
SECTION 2. This act takes effect upon approval by the Governor.
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