License required
Known as the South Carolina Uniform Money Services Act
The act spans §§ 35–35 (49 sections).
2016 Act No. 266 (H.4554), SECTION 1, eff May 25, 2018; 2024 Act No. 218 (S.1031), SECTION 1, eff July 2, 2024.
(A) A person may not engage in the business of money transmission or advertise, solicit, or hold himself out as providing money transmission unless the person is:
(1) licensed under this article;
(2) an authorized delegate of a person licensed pursuant to this article; or
(3) exempted under Section 35-11-110.
(B) A license issued pursuant to this chapter is not transferable or assignable.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.