Each principal of a loan broker may be sanctioned for the actions of the loan broker, including the loan broker's agents or employees acting in the course of business of the loan broker.
S.C. Code Ann. § 34-36-30
Principal responsible for acts of brokers and brokers' agents or employees
1992 Act No. 452, SECTION 1, eff June 15, 1992.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.