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S.C. Code Ann. § 37-2-106

"Consumer lease" defined

Known as the South Carolina Consumer Protection Code

The act spans §§ 37–37 (347 sections).

1962 Code SECTION 8-800.146; 1974 (58) 2879; 1982 Act No. 385, SECTION 11.

(1) "Consumer lease" means a lease of goods:

(a) which a lessor regularly engaged in the business of leasing makes to a person, other than an organization, who takes under a lease primarily for a personal, family or household purpose;

(b) in which the amount payable under the lease does not exceed twenty-five thousand dollars; and

(c) which is for a term exceeding four months.

(2) "Consumer lease" does not include a lease made pursuant to a lender credit card or similar arrangement.

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