Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 37 - CONSUMER PROTECTION CODE
Chapter 10 - MISCELLANEOUS LOAN PROVISIONS
Section 37-10-103 - Prepayment of loans of one hundred fifty thousand dollars or less

S.C. Code § 37-10-103

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Current through 2024 Act No. 225.
Section 37-10-103 - Prepayment of loans of one hundred fifty thousand dollars or less

The debtor may prepay in full at any time without penalty the debt represented by a personal, family, or household purpose loan agreement that is secured in whole or in part by a first or junior lien on real estate if the aggregate of all sums advanced will not exceed one hundred fifty thousand dollars.

S.C. Code § 37-10-103

2003 Act No. 42, Section 2.A, eff 1/1/2004, and applying to loans for which the loan applications were taken on or after that date; 1984 Act No. 355, Section 11; 1982 Act No. 385, Section 56.