S.C. Code § 40-39-40

Current through 2024 Act No. 225.
Section 40-39-40 - Unauthorized fees prohibited; violative pawn transaction ramifications
(A) No pawnbroker may charge or collect any fees, costs, or assessments of any kind or nature other than those specifically allowed under this chapter.
(B) A person who makes a pawn transaction in violation of this chapter:
(1) may not collect, receive, or retain any interest or charges on the loan in violation of this chapter; and
(2) has no right to possess the pledged goods.

S.C. Code § 40-39-40

Amended by 2016 S.C. Acts, Act No. 262 (HB 4090), s 7, eff. 6/9/2016.
1988 Act No. 491, Section 2.