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TO APPROVE REGULATIONS OF THE DEPARTMENT OF CONSUMER AFFAIRS, RELATING TO CONSUMER CREDIT COUNSELING REQUIREMENTS, DESIGNATED AS REGULATION DOCUMENT NUMBER 4527, 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 Consumer Credit Counseling Requirements, designated as Regulation Document Number 4527, 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 department proposes to amend Regulation 28-700. The proposed regulation modifies the fees credit counseling organizations licensed under 1976 Code Section 37-7-101 et seq. may charge the consumers.
South Carolina Code sections 37-7-112 and 37-7-121 authorize the department to promulgate regulations necessary to effectuate the purposes of the chapter.
Notice of Drafting for the proposed regulation was published in the State Register on September 26, 2014. Comments were solicited for consideration in drafting the proposed regulation. Proposed regulation was published in the State Register on November 28, 2014.
This web page was last updated on April 23, 2015 at 11:23 AM