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S.C. Code Ann. § 11-56-30

Purpose of chapter

Known as the Microenterprise Development Act

The act spans §§ 11-56-10 to 11-56-90 (10 sections).

2014 Act No. 171 (H.3125), SECTION 1.A, eff January 1, 2014.

The purposes of this chapter are to:

(1) better ensure that South Carolina's microenterprises are able to realize their full potential to create jobs, enhance entrepreneurial skills and activity, and increase the capacity of low-income households to become self-sufficient; and

(2) facilitate the development of a permanent infrastructure of statewide microlending support organizations to serve the microenterprise and self-employment sectors.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.