Tag Archive: "South Carolina"
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South Carolina Adopts Provisions Regarding Department of Consumer Affairs, and Telephone Privacy Protection Act
The state of South Carolina has recently adopts provisions regarding the state’s Department of Consumer Affairs, and its Telephone Privacy Protection Act. Both updates are effective immediately.
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South Carolina Amends Provisions for Mortgage Lending Licensing
South Carolina has enacted provisions related to mortgage lending licensing, effective September 18, 2017 and has amended Regulation 15-64 to comply with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act), and with rules issued by the Consumer Financial Protection Bureau, effective immediately.
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South Carolina Revises Consumer Protection Codes
The state of South Carolina General Assembly 121st Session, 2015-2016, enacted provisions regarding its Consumer Protection Code. These provisions cover a wide array of changes and are effective immediately. Selected changes can be found below, see bottom for state link. SECTION 1. Section 37-1-201(1) of the 1976 Code This provision amends the definition of a […]
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South Carolina Powers of Attorney
Effective on January 1, 2017, South Carolina enacted incorporations and amendments to its South Carolina Uniform Power of Attorney Act (Act). This was done largely by adopting large provisions of the Uniform Power of Attorney Act (UPOAA) while noting some key differences. Section I will provide a brief outline of the foundations of the power […]
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South Carolina Enacts Provisions Regarding Uniform Fiduciary Access to Digital Assets Act
The General Assembly of South Carolina has recently enacted the Uniform Fiduciary Access to Digital Assets Act, effective immediately. The purpose of this Act is to provide clarification regarding the accessing of digital assets in the event of death or incapacitation. Digital assets include, but are not limited to, email accounts and their contents, social […]
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South Carolina Publishes Notice Regarding Dollar Amounts under Consumer Protection Code
The South Carolina Department of Consumer Affairs published a notice in the State Register that there will be no changes to the dollar amounts under the Consumer Protection Code. Dollar amounts in the Consumer Protection Code are subject to change on July 1 of every even numbered year based on the changes in the Consumer […]
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South Carolina Amends Mortgage Satisfaction and Foreclosure Expedition
by: Louis Danastorg House Bill 3134-Satisfaction of Mortgage Recently, South Carolina’s legislature amended Section 29-3-330 of the South Carolina Code, relating to the methods by which certain parties may discharge or cancel a mortgage. A mortgagee of record, or its duly authorized representative, may satisfy or release a security instrument by any of the following […]