reglab/housing_qa huggingface dataset:
SC Code § 35-11-600 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-600. Maintenance of permissible investments.

 (A) A licensee shall maintain at all times permissible investments that have a market value computed in accordance with generally accepted accounting principles of not less than the aggregate amount of all of its outstanding payment instruments and store-value obligations issued or sold in all states and money transmitted from all states by the licensee.  (B) The commissioner, with respect to a licensee, may limit the extent to which a type of investment within a class of permissible investments may be considered a permissible investment, except for money and certificates of deposit issued by a bank. The commissioner by rule may prescribe or by order allow other types of investments that the commissioner determines to have a safety substantially equivalent to other permissible investments.  (C) Permissible investments, even if commingled with other assets of the licensee, are held in trust for the benefit of the purchasers and holders of the licensee's outstanding payment instruments and stored-value obligations in the event of bankruptcy or receivership of the licensee.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-700 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-700. Suspension and revocation.

 (A) The commissioner may suspend or revoke a license or order a licensee to revoke the designation of an authorized delegate if:  (1) the licensee violates this chapter or a rule adopted or an order issued pursuant to this act;  (2) the licensee does not cooperate with an examination or investigation by the commissioner;  (3) the licensee engages in fraud, intentional misrepresentation, or gross negligence;  (4) an authorized delegate is convicted of a violation of a state or federal anti-money laundering statute, or violates a rule adopted or an order issued pursuant to this chapter, as a result of the licensee's wilful misconduct or wilful blindness;  (5) the competence, experience, character, or general fitness of the licensee, authorized delegate, person in control of a licensee, or responsible person of the licensee or authorized delegate indicates that it is not in the public interest to permit the person to provide money services;  (6) the licensee engages in an unsafe or unsound practice;  (7) the licensee is insolvent, suspends payment of its obligations, or makes a general assignment for the benefit of its creditors; or  (8) the licensee does not remove an authorized delegate after the commissioner issues and serves upon the licensee a final order including a finding that the authorized delegate has violated this chapter.  (B) In determining whether a licensee is engaging in an unsafe or unsound practice, the commissioner may consider the size and condition of the licensee's money transmission, the magnitude of the loss, the gravity of the violation of this act, and the previous conduct of the person involved.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-705 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-705. Suspension and revocation of authorized delegates.

 (A) The commissioner may issue an order suspending or revoking the designation of an authorized delegate, if the commissioner finds that the:  (1) authorized delegate violated this chapter or a rule adopted or an order issued pursuant to this chapter;  (2) authorized delegate did not cooperate with an examination or investigation by the commissioner;  (3) authorized delegate engaged in fraud, intentional misrepresentation, or gross negligence;  (4) authorized delegate is convicted of a violation of a state or federal anti-money laundering statute;  (5) competence, experience, character, or general fitness of the authorized delegate or a person in control of the authorized delegate indicates that it is not in the public interest to permit the authorized delegate to provide money services; or  (6) authorized delegate is engaging in an unsafe or unsound practice.  (B) In determining whether an authorized delegate is engaging in an unsafe or unsound practice, the commissioner may consider the size and condition of the authorized delegate's provision of money services, the magnitude of the loss, the gravity of the violation of this chapter or a rule adopted or order issued pursuant to this chapter, and the previous conduct of the authorized delegate.  (C) An authorized delegate may apply for relief from a suspension or revocation of designation as an authorized delegate according to procedures prescribed by the commissioner.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-710 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-710. Orders to cease and desist.

 (A) If the commissioner determines that a violation of this chapter or of a rule adopted or an order issued pursuant to this chapter by a licensee or authorized delegate is likely to cause immediate and irreparable harm to the licensee, its customers, or the public as a result of the violation, or cause insolvency or significant dissipation of assets of the licensee, the commissioner may issue an order requiring the licensee or authorized delegate to cease and desist from the violation. The order becomes effective upon service of it upon the licensee or authorized delegate.  (B) The commissioner may issue an order against a licensee to cease and desist from providing money services through an authorized delegate that is the subject of a separate order by the commissioner.  (C) An order to cease and desist remains effective and enforceable pending the completion of an administrative proceeding pursuant to Section 35-11-700 or 35-11-705.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-715 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-715. Consent orders.

 The commissioner may enter into a consent order at any time with a person to resolve a matter arising pursuant to this chapter or a rule adopted or order issued pursuant to this chapter. A consent order must be signed by the person to whom it is issued or by the person's authorized representative, and must indicate agreement with the terms contained in the order. A consent order may provide that it does not constitute an admission by a person that this chapter or a rule adopted or an order issued pursuant to this chapter has been violated.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-720 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-720. Civil penalties.

 The commissioner may assess a civil penalty against a person that violates this chapter or a rule adopted or an order issued pursuant to this chapter in an amount not to exceed one thousand dollars per day for each day the violation is outstanding, plus this state's costs and expenses for the investigation and prosecution of the matter, including reasonable attorney fees.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-725 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-725. Criminal penalties.

 (A) A person who intentionally makes a false statement, misrepresentation, or false certification in a record filed or required to be maintained pursuant to this chapter, who intentionally makes a false entry or omits a material entry in that record, or violates a rule promulgated or order issued pursuant to this chapter is guilty of a Class B felony.  (B) A person who knowingly engages in an activity for which a license is required pursuant to this chapter without being licensed pursuant to this chapter and who receives more than five hundred dollars in compensation within a thirty-day period from this activity is guilty of a Class B felony.  (C) A person who knowingly engages in an activity for which a license is required pursuant to this chapter without being licensed pursuant to this chapter and who receives no more than five hundred dollars in compensation within a thirty-day period from this activity is guilty of a Class A misdemeanor.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-730 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-730. Unlicensed persons.

 (A) If the commissioner has reason to believe that a person has violated or is violating Section 35-11-200 or 35-11-300, the commissioner may issue an order to show cause why an order to cease and desist should not be issued requiring the person to cease and desist from the violation of Section 35-11-200 or 35-11-300.  (B) In an emergency, the commissioner may petition the Richland County Circuit Court for the issuance of a temporary restraining order ex parte pursuant to the rules of civil procedure.  (C) An order to cease and desist becomes effective upon service of the order on the person.  (D) An order to cease and desist remains effective and enforceable pending the completion of an administrative proceeding pursuant to Sections 35-11-800 and 35-11-805.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-735 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-735. Appointment of receiver for licensee.

 (A) Whenever a licensee has refused or is unable to pay its obligations generally as they become due or whenever it appears to the commissioner that a licensee is in an unsafe or unsound condition, the commissioner may apply to the Richland County Circuit Court or to the circuit court of any county in which the licensee is located for the appointment of a receiver for the licensee. The court may require the receiver to post a bond in an amount that appears necessary to protect claimants of the licensee.  (B) The receiver, subject to the approval of the court, shall take possession of the books, records, and assets of the licensee and shall take an action with respect to employees, agents, or representatives of the licensee or other action that may be necessary to conserve the assets of the licensee or ensure payment of instruments issued by the licensee pending further disposition of its business as provided by law. The receiver shall sue and defend, compromise, and settle all claims involving the licensee and exercise the powers and duties that are necessary and consistent with the laws of this State applicable to the appointment of receivers.  (C) The receiver, from time to time, but in no event less frequently than once each calendar quarter, shall report to the court with respect to all acts and proceedings in connection with the receivership.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-800 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-800. Administrative proceedings.

 All administrative proceedings pursuant to this chapter must be conducted in accordance with Article 3, Chapter 23, Title 1.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-805 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-805. Hearings.

 Except as otherwise provided in Sections 35-11-225(C), 35-11-315(C), 35-11-710, and 35-11-730, the commissioner may not suspend or revoke a license, issue an order to cease and desist, suspend or revoke the designation of an authorized delegate, or assess a civil penalty without notice and an opportunity to be heard. The commissioner also shall hold a hearing when requested to do so by an applicant whose application for a license is denied.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-810 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-810. Administration by commissioner.

 This chapter is administered by the commissioner who may employ such additional assistants as he deems necessary. The commissioner may delegate any or all of his duties pursuant to this chapter to members of his staff, as he deems necessary or appropriate.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-815 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-815. Regulations.

 The commissioner may promulgate and amend regulations or issue orders necessary to carry out the purposes of this chapter in order to provide for the protection of the public and to assist licensees in interpreting and complying with this chapter.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 35-11-900 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 11 - South Carolina Anti-money Laundering Act|Section 35-11-900. Uniformity of application and construction.

 In applying and construing this Uniform Act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it.  HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018.
SC Code § 36-1-101 (2021)
2021 South Carolina Code of Laws|Title 36 - Commercial Code|Chapter 1 - Commercial Code - General Provisions|Section 36-1-101. Short title.

 (1) This title shall be known and may be cited as the Uniform Commercial Code.  (2) This chapter may be cited as Uniform Commercial Code-General Provisions.  HISTORY: 1962 Code Section 10.1-101; 1966 (54) 2716; 2014 Act No. 213 (S.343), Section 1, eff October 1, 2014.  OFFICIAL COMMENT  Source: Former Section 1-101.  Changes from former law: Subsection (b) is new. It is added in order to make the structure of Article 1 parallel with that of the other articles of the Uniform Commercial Code.  1. Each other article of the Uniform Commercial Code (except Articles 10 and 11) may also be cited by its own short title. See Sections 2-101, 2A-101, 3-101, 4-101, 4A-101, 5-101, 6-101, 7-101, 8-101, and 9-101.  Editor's Note  "This act," referred to in this section, means Act No. 1065 of the 1966 Acts and Joint Resolutions, originally codified as Titles 10.1 to 10.10 of the Code of Laws of South Carolina 1962, and now codified as Title 36 of the Code of Laws of South Carolina 1976.  2014 Act No. 213, Section 51, provides as follows:  "SECTION 51. This act becomes effective on October 1, 2014. It applies to transactions entered into and events occurring after that date."  Effect of Amendment  2014 Act No. 213, Section 1, rewrote the section.
SC Code § 36-1-102 (2021)
2021 South Carolina Code of Laws|Title 36 - Commercial Code|Chapter 1 - Commercial Code - General Provisions|Section 36-1-102. Scope of chapter.

 This chapter applies to a transaction to the extent that it is governed by another chapter of this title, known as the Uniform Commercial Code.  HISTORY: 2014 Act No. 213 (S.343), Section 1, eff October 1, 2014.  OFFICIAL COMMENTS  Source: New.  1. This section is intended to resolve confusion that has occasionally arisen as to the applicability of the substantive rules in this article. This section makes clear what has always been the case-the rules in Article 1 apply to transactions to the extent that those transactions are governed by one of the other articles of the Uniform Commercial Code. See also Comment 1 to Section 1-301.  Editor's Note  2014 Act No. 213, Section 51, provides as follows:  "SECTION 51. This act becomes effective on October 1, 2014. It applies to transactions entered into and events occurring after that date."
SC Code § 36-1-104 (2021)
2021 South Carolina Code of Laws|Title 36 - Commercial Code|Chapter 1 - Commercial Code - General Provisions|Section 36-1-104. Construction against implicit repeal.

 The Uniform Commercial Code, being a general enactment of chapters under Title 36, intended as a unified coverage of its subject matter, no part of it shall be considered to be impliedly repealed by subsequent legislation if such construction can reasonably be avoided.  HISTORY: 1962 Code Section 10.1-104; 1966 (54) 2716; 2014 Act No. 213 (S.343), Section 1, eff October 1, 2014.  OFFICIAL COMMENT  Source: Former Section 1-104.  Changes from former law: Except for changing the form of reference to the Uniform Commercial Code, this section is identical to former Section 1-104.  1. This section embodies the policy that an act that bears evidence of carefully considered permanent regulative intention should not lightly be regarded as impliedly repealed by subsequent legislation. The Uniform Commercial Code, carefully integrated and intended as a uniform codification of permanent character covering an entire "field" of law, is to be regarded as particularly resistant to implied repeal.  Editor's Note  "This act," referred to in this section, means Act No. 1065 of the 1966 Acts and Joint Resolutions, originally codified as Titles 10.1 to 10.10 of the Code of Laws of South Carolina 1962, and now codified as Title 36 of the Code of Laws of South Carolina 1976.  2014 Act No. 213, Section 51, provides as follows:  "SECTION 51. This act becomes effective on October 1, 2014. It applies to transactions entered into and events occurring after that date."
SC Code § 36-1-105 (2021)
2021 South Carolina Code of Laws|Title 36 - Commercial Code|Chapter 1 - Commercial Code - General Provisions|Section 36-1-105. Severability.

 If any provision or clause of this title or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this title that can be given effect without the invalid provision or application, and to this end the provisions of this title are severable.  HISTORY: 1962 Code Section 10.1-108; 1966 (54) 2716; former 1976 Code Section 36-1-108; 2014 Act No. 213 (S.343), Section 1, eff October 1, 2014.  OFFICIAL COMMENT  Source: Former Section 1-108.  Changes from former law: Except for changing the form of reference to the Uniform Commercial Code, this section is identical to former Section 1-108.  1. This is the model severability section recommended by the National Conference of Commissioners on Uniform State Laws for inclusion in all acts of extensive scope.  Editor's Note  "This act," referred to in this section, means Act No. 1065 of the 1966 Acts and Joint Resolutions, originally codified as Titles 10.1 to 10.10 of the Code of Laws of South Carolina 1962, and now codified as Title 36 of the Code of Laws of South Carolina 1976.  2014 Act No. 213, Section 51, provides as follows:  "SECTION 51. This act becomes effective on October 1, 2014. It applies to transactions entered into and events occurring after that date."
SC Code § 36-1-106 (2021)
2021 South Carolina Code of Laws|Title 36 - Commercial Code|Chapter 1 - Commercial Code - General Provisions|Section 36-1-106. Use of singular and plural; gender.

 In the Uniform Commercial Code, unless the statutory context otherwise requires:  (a) words in the singular number include the plural, and those in the plural include the singular; and  (b) words of any gender also refer to any other gender.  HISTORY: 1962 Code Section 10.1-102; 1966 (54) 2716; former 1976 Code Section 36-1-102; 2014 Act No. 213 (S.343), Section 1, eff October 1, 2014.  OFFICIAL COMMENT  Source: Former Section 1-102(5). See also 1 U.S.C. Section 1.  Changes from former law: Other than minor stylistic changes, this section is identical to former Section 1-102(5).  1. This section makes it clear that the use of singular or plural in the text of the Uniform Commercial Code is generally only a matter of drafting style-singular words may be applied in the plural, and plural words may be applied in the singular. Only when it is clear from the statutory context that the use of the singular or plural does not include the other is this rule inapplicable. See, e.g., Section 9-322.  Editor's Note  "This act," referred to in this section, means Act No. 1065 of the 1966 Acts and Joint Resolutions, originally codified as Titles 10.1 to 10.10 of the Code of Laws of South Carolina 1962, and now codified as Title 36 of the Code of Laws of South Carolina 1976.  2014 Act No. 213, Section 51, provides as follows:  "SECTION 51. This act becomes effective on October 1, 2014. It applies to transactions entered into and events occurring after that date."
SC Code § 36-1-107 (2021)
2021 South Carolina Code of Laws|Title 36 - Commercial Code|Chapter 1 - Commercial Code - General Provisions|Section 36-1-107. Section captions.

 Section captions are part of the Uniform Commercial Code, with the exception of the subsection headings of Chapter 9, Title 36, which are not part of the provisions. The Official Comments, prepared by the Uniform Law Commission with the intent of aiding the user in understanding the provisions of each chapter, are to be included by the Code Commissioner in the annotated versions of this title, but are not considered part of the provisions of this title and do not indicate legislative intent.  HISTORY: 1962 Code Section 10.1-109; 1966 (54) 2716; former 1976 Code Section 36-1-109; 2014 Act No. 213 (S.343), Section 1, eff October 1, 2014.  OFFICIAL COMMENT  Source: Former Section 1-109.  Changes from former law: None.  1. Section captions are a part of the text of the Uniform Commercial Code, and not mere surplusage. This is not the case, however, with respect to subsection headings appearing in Article 9. See Comment 3 to Section 9-101 ("subsection headings are not a part of the official text itself and have not been approved by the sponsors.").  Editor's Note  "This act," referred to in this section, means Act No. 1065 of the 1966 Acts and Joint Resolutions, originally codified as Titles 10.1 to 10.10 of the Code of Laws of South Carolina 1962, and now codified as Title 36 of the Code of Laws of South Carolina 1976.  2014 Act No. 213, Section 51, provides as follows:  "SECTION 51. This act becomes effective on October 1, 2014. It applies to transactions entered into and events occurring after that date."