reglab/housing_qa huggingface dataset:
SC Code § 34-29-166 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 29 - Consumer Finance Law|Section 34-29-166. Insurance provided by creditor; delivery of policy; information on policy.

 If a creditor provides insurance, the insurance shall be evidenced by an individual policy or certificate of insurance delivered to the debtor at the time of the transaction where the debtor is present at the creditor's place of business.  If the debtor is not present at the creditor's place of business at the time of the transaction, the individual policy or certificate of insurance must be sent to him at his address as stated by him, within thirty days after the term of the insurance commences under the agreement between the creditor and debtor or the creditor shall promptly notify the debtor of any failure or delay in providing the insurance.  Each policy or certificate of credit life insurance or credit accident and sickness insurance shall set forth the following on the first page of the policy or attached thereto in a manner that is clear and conspicuous and achieves a grade level score of no higher than seventh grade on the Flesch-Kincaid readability test:  (a) the name, address, and telephone number of the insurer and the process to be followed in submitting a claim;  (b) the name or names of the debtor, or in the case of a certificate, the identity by name or otherwise of the debtor;  (c) the age or date of birth of the debtor;  (d) the premium or amount payable by the debtor separately for credit life insurance and credit accident and sickness insurance;  (e) a description of the coverage including the amount and term of the coverage, and any exceptions, limitations, or restrictions;  (f) a statement that the benefits shall be paid to the creditor to reduce or extinguish the unpaid indebtedness;  (g) a statement that, if the amount of insurance exceeds the amount necessary to discharge the indebtedness, any excess shall be payable to a beneficiary, other than the creditor, named by the debtor or to the debtor's estate;  (h) a conspicuous statement that the insured debtor shall have the right to cancel the insurance policy or group certificate and have all the premiums paid by or charged to the insured debtor refunded or credited, upon giving written notice to the insurer within thirty days from the date the insured debtor received the policy or certificate;  (i) a conspicuous statement which reads as follows: "For specific information about credit insurance issued in conjunction with your loan, contact your creditor or your insurance company. For general information about credit insurance or complaints regarding your credit insurance, please contact the South Carolina Department of Insurance at [current toll-free number]."; and  (j) the provisions of this section do not apply to insurance for which no identifiable charge is made to the debtor.  HISTORY: 1999 Act No. 66, Section 7, eff January 1, 2000.
SC Code § 34-29-170 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 29 - Consumer Finance Law|Section 34-29-170. Confession of judgment or power of attorney to confess judgment shall be void.

 No licensee shall take any confession of judgment or permit any borrower to execute a power of attorney in favor of any licensee or in favor of any third person to confess judgment or to appear for the borrower in any judicial proceeding and any such confession of judgment or power of attorney to confess judgment shall be absolutely void.  HISTORY: 1962 Code Section 8-800.13; 1956 (49) 2052, 2967; 1957 (50) 339; 1966 (54) 2391.
SC Code § 34-29-180 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 29 - Consumer Finance Law|Section 34-29-180. Judicial review of orders or decisions of board.

 (a) Any order or decision made, issued or executed by the Board or its deputies, shall be subject to review by the circuit court on petition by any person aggrieved if the petition is filed within thirty days from the date of the delivery of a copy of the order or decision made by the Board upon such person. A copy of such petition for review as filed with and certified by the clerk of court shall be served upon the Board within five days after its filing. If the petition for review is not filed within thirty days, the parties aggrieved shall be deemed to have waived the right to have the merits of the order or decision reviewed and there shall be no trial of the merits thereof by any court to which application may be made by petition or otherwise, to enforce or restrain the enforcement of same.  (b) The Board shall within thirty days, unless the time is extended by an order of the court, after the service of the copy of the petition for review upon it or its deputy, prepare and file with the clerk of the court a complete transcript of the record of the hearing, if any, and a true copy of the order or decision duly certified. The case shall be heard by the court as a civil case upon such transcript of the record and it shall be the duty of the court to hear and determine the petition with all convenient speed. If, on the hearing before the court, it shall appear that the record filed by the Board is incomplete, the court may by appropriate order direct the Board to certify any and all parts of the record so omitted.  (c) The court shall have jurisdiction to review the facts and the law and to affirm, modify or to set aside the order or decision of the board and to restrain the enforcement thereof. Appeals from all final orders and judgments entered by the circuit court in reviewing the orders and decisions of the board may be taken in the manner provided by the South Carolina Appellate Court Rules.  HISTORY: 1962 Code Section 8-800.14; 1956 (49) 2052, 2967; 1957 (50) 339; 1966 (54) 2391; 1999 Act No. 55, Section 35, eff June 1, 1999.  Effect of Amendment  The 1999 amendment changed the appeal provision at the end of the section to refer to the Appellate Court Rules.
SC Code § 34-29-190 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 29 - Consumer Finance Law|Section 34-29-190. Disposition of fees and other funds.

 All license fees, investigation fees, and other funds collected by the Board under the terms of this chapter, shall be paid over to the State Treasurer and shall be used to defray costs of administering this chapter, including salaries of assistant examiners and other clerical help found necessary and necessary travel expenses and subsistence.  HISTORY: 1962 Code Section 8-800.15; 1956 (49) 2052, 2967; 1957 (50) 339; 1966 (54) 2391.
SC Code § 34-29-200 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 29 - Consumer Finance Law|Section 34-29-200. Chief administrative officer and other personnel.

 The Board is authorized to designate or appoint a chief administrative officer and such other personnel as it deems necessary to perform the duties and exercise the powers herein conferred. The chief administrative officer and all other personnel shall serve at the pleasure of the Board.  HISTORY: 1962 Code Section 8-800.16; 1956 (49) 2052, 2967; 1957 (50) 339; 1966 (54) 2391.
SC Code § 34-29-210 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 29 - Consumer Finance Law|Section 34-29-210. Appointment of Director as agent for service of process.

 Every person prior to being licensed under this chapter shall appoint, in writing, the Director and his successors in office to be its true and lawful attorney upon whom all legal process in any action or proceeding against it may be served and in such writing shall agree that any lawful process against it which is served upon such attorney shall be of the same legal force and validity as if served upon the company and that the authority shall continue in force so long as any liability remains outstanding in the State. Copies of such appointment certified by the Director, shall be deemed sufficient evidence thereof and shall be admitted in evidence with the same force and effect as the original thereof might be admitted.  HISTORY: 1962 Code Section 8-800.17; 1966 (54) 2391.
SC Code § 34-29-220 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 29 - Consumer Finance Law|Section 34-29-220. Foreign loans.

 No loan made outside this State in the amount of or of the value of seventy-five hundred dollars or less for which a greater rate of interest, consideration, or charge than is permitted by Section 34-29-140 has been charged, contracted for or received, shall be enforced in this State and every person in any way participating therein in this State shall be subject to the provisions of this chapter, but this section shall not apply to loans legally made in any state under and in accordance with a regulatory consumer finance law similar in principles to this chapter.  HISTORY: 1962 Code Section 8-800.18; 1966 (54) 2391.
SC Code § 34-29-240 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 29 - Consumer Finance Law|Section 34-29-240. Licenses for persons engaged in lending on December 1, 1965.

 Any person engaged in the business of lending on December 1, 1965, may be licensed under the provisions of this chapter; provided, he applies for and obtains a license from the Board of Bank Control within ninety days after August 7, 1966; and, provided, further, that such person meets the requirements of Section 34-29-40 (b) (1) (2).  HISTORY: 1962 Code Section 8-800.22; 1966 (54) 2391.
SC Code § 34-29-250 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 29 - Consumer Finance Law|Section 34-29-250. Violations.

 Any person who wilfully violates any provision of this chapter, for which a penalty has not been provided, is guilty of a misdemeanor and, upon conviction, must be fined not more than one thousand dollars nor less than one hundred dollars in the discretion of the court.  The board, in addition to the criminal penalties provided by this section, may also assess a civil penalty against the violator in the form of a fine not exceeding two thousand dollars for each violation. This civil penalty may be assessed in addition to or in lieu of the criminal penalties authorized by this section.  HISTORY: 1962 Code Section 8-800.21; 1966 (54) 2391; 1991 Act No. 98, Section 3, eff May 30, 1991.  Effect of Amendment  The 1991 amendment added the second paragraph of this section.
SC Code § 34-29-260 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 29 - Consumer Finance Law|Section 34-29-260. Modification, amendment, or repeal of chapter.

 (a) This chapter or any part thereof may be modified, amended or repealed so as to effect a cancellation or alteration of any license or right of a licensee hereunder; provided, that such cancellation or alteration shall not impair or affect the obligations of any preexisting lawful contract between any licensee and any obligor.  (b) Nothing contained herein shall be so construed as to impair or affect the obligation of any contract of loan between any lender and any borrower which was entered into prior to August 7 1966.  HISTORY: 1962 Code Section 8-800.20; 1956 (49) 2052, 2967; 1957 (50) 339; 1966 (54) 2391.
SC Code § 34-30-10 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-10. Short title.

 This chapter is known as "State Savings Bank".  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
SC Code § 34-30-20 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-20. Application of chapter.

 This chapter, unless the context otherwise specifies, applies to all state savings banks.  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
SC Code § 34-30-50 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-50. Application of Business Corporation Act.

 When not in direct conflict with or superseded by specific provisions of this chapter, the provisions of the South Carolina Business Corporation Act, Chapters 1 to 25 of Title 33, apply to a state savings bank organized or operated under this chapter.  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
SC Code § 34-30-60 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-60. Prior charters; legal name, requirements; prohibited acts; injunctions.

 (A) Nothing in this chapter invalidates a charter that was valid before the enactment of this chapter. A savings institution chartered on the effective date of this chapter may continue operation in accordance with the chapter under which it was chartered. However, after the date this chapter becomes effective, a depository institution may not be qualified as a state savings bank except in accordance with this chapter. A state savings bank chartered under this chapter must use the letters "SSB" in its legal name.  (B) Except as provided in subsection (A) of this section, or in Chapter 28 of Title 34, a person, corporation, company, or state savings bank, except one incorporated and licensed in accordance with this chapter or federal law to operate a savings bank, shall not operate as a state savings bank. Unless authorized as a state or federal savings bank and engaged in transacting a depository institution business, a person, corporation, company, or savings bank domiciled and doing business in this State shall not:  (1) use in its name the term 'savings bank' or words of similar import or connotation that lead the public reasonably to believe that the business so conducted is that of a savings bank; or  (2) use a sign or circulate or use any letterhead, billhead, circular, or paper, or advertise or communicate in a manner that would lead the public reasonably to believe that it is conducting the business of a savings bank.  (C) Upon application by the board or by a state savings bank, a court of competent jurisdiction may issue an injunction to restrain any person or entity from violating or from continuing to violate subsection (B) of this section.  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
SC Code § 34-30-70 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-70. Organization and establishment; application, fee; contents of application.

 (A) The original incorporators, a majority of whom must be domiciled in this State, may organize and establish a state savings bank to promote the purposes of this chapter, subject to approval as provided in this chapter. The original incorporators shall file with the board a preliminary application to organize a state savings bank in the form prescribed by the board, together with the proper nonrefundable application fee.  (B) An application to organize a state savings bank must contain:  (1) a copy of the proposed articles of incorporation, which must be signed by the original incorporators;  (2) the names and addresses of the incorporators; and the names and addresses of the initial members of the board of directors, and the number of shares they plan to subscribe to;  (3) statements of the anticipated receipts, expenditures, earnings, and financial condition of the state savings bank for its first three years of operation, or a longer period as the board may require;  (4) a showing satisfactory to the board that:  (a) the public convenience and advantage are served by the establishment of the proposed state savings bank;  (b) there are reasonable demand and necessity in the community which is served by the establishment of the proposed state savings bank;  (c) the proposed state savings bank has a reasonable probability of sustaining profitable and beneficial operations within a reasonable time in the community in which the proposed state savings bank intends to locate; and  (5) the proposed bylaws; and  (6) statements, exhibits, maps, and other data that may be prescribed or requested by the board, and which are sufficiently detailed and comprehensive so as to enable the board to pass upon the criteria in this article.  (C) The application must be signed by the original incorporators, and properly acknowledged by a person duly authorized by this State to take proof and acknowledgment of deeds. The application must contain additional information required by the board.  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
SC Code § 34-30-90 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-90. Board examination of application.

 Upon receipt of an application to organize and establish a state savings bank, the board shall examine or cause to be examined all the relevant facts connected with the formation of the proposed state savings bank.  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
SC Code § 34-30-110 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-110. Incomplete applications; time for approval or rejection of completed applications.

 (A) If the board does not receive a completed application within one hundred twenty days of the filing of the preliminary application, the application must be returned to the applicants.  (B) When the board has completed the examination and investigation of the facts relevant to the establishment of the proposed state savings bank, the board shall approve or reject an application within one hundred twenty days of the submission of the completed application.  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
SC Code § 34-30-120 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-120. Approval or disapproval of application; order; filing of articles; corporate existence; certificate of authorization, commencement of business; limitation on ownership or control.

 (A) After consideration of its findings, and the consideration of other information and evidence, the board shall approve or disapprove the application. The board shall approve the application if it finds that the articles of incorporation are in compliance with Section 34-30-90 and that there is compliance with the criteria in Section 34-30-110, the remainder of this chapter, regulations, and the 1976 Code. The order approving the application may impose reasonable conditions which must be met before a certificate of authorization to transact business is issued.  (B) If the board approves the application, the applicant shall file its articles of incorporation with the Secretary of State.  (C) The corporate existence of a state savings bank begins on the date the approved articles of incorporation are filed with the Secretary of State, unless otherwise provided in the articles of incorporation, but the state savings bank may not commence business before it is in possession of a certificate of authorization to transact business as provided in Section 34-30-150.  (D) A subscriber to the stock of a proposed stock state savings bank, other than its holding company, shall not own or control as principal more than ten percent of a class of voting shares of the state savings bank or its holding company.  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
SC Code § 34-30-130 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-130. Insurance on deposit accounts; certification; time for obtaining insurance; excess insurance.

 A state savings bank must obtain and maintain insurance on the deposit accounts of all members and customers from an insurance corporation created by an act of Congress. Before licensing of a state savings bank, articles of incorporation duly recorded under Section 34-30-120(C), are sufficient certification to the insuring corporation that the state savings bank is a legal corporate entity. The insurance must be obtained within the time limit prescribed in Section 34-30-140. Subject to the rules or regulations of the board, a state savings bank may obtain or participate in efforts to obtain insurance of deposits that is in excess of the amount eligible for federal insurance of accounts. This insurance is known as "excess insurance".  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
SC Code § 34-30-140 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-140. Commencement of business; failure to commence within time limit, extension of time; forfeiture of corporate existence; certificate of authorization.

 A newly chartered state savings bank must commence business within one year after corporate existence begins. A state savings bank that does not commence business within this time, forfeits its corporate existence, unless the board, before the expiration of the one-year period, approves an extension of the time within which the state savings bank may commence business, upon a written request stating the reasons for the request. Upon forfeiture, the articles of incorporation expire and action taken in connection with the incorporation and chartering of the state savings bank, with the exception of fees paid to the board, becomes null and void. The board shall determine if a state savings bank has failed to commence business within one year, without extension as provided in this section, and shall notify the Secretary of State and the register of deeds in the county in which the state savings bank is located that the articles of incorporation have expired. If the board finds that the state savings bank has in good faith complied with all the requirements of law and all conditions imposed, and that the state savings bank's deposit accounts are properly insured, it shall promptly issue a certificate of authorization to transact a general state savings bank business.  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
SC Code § 34-30-150 (2021)
2021 South Carolina Code of Laws|Title 34 - Banking, Financial Institutions and Money|Chapter 30 - A State Savings Bank Charter In South Carolina|Section 34-30-150. Amendment of articles of incorporation; certification, submission, approval; quorum, voting requirement.

 An amendment to the articles of incorporation of a state savings bank, which shall have been adopted and recommended by the board of directors of the state savings bank, must be made at an annual or special meeting of the state savings bank, held in accordance with Sections 34-30-1060 and 34-30-1070, by a majority of votes or shares cast by members or stockholders present in person or by proxy at the meeting. An amendment must be certified by the appropriate corporate official, submitted to the board for approval or rejection, and if approved, then certified by the board and recorded as provided in Section 34-30-130 for articles of incorporation. The articles of incorporation may provide for a greater quorum or voting requirement for members or stockholders or voting groups of stockholders than is otherwise provided in this chapter.  HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.