Filing of the premium service agreement is not necessary to perfect the validity of the agreement as a secured transaction as against creditors, subsequent purchasers, pledgees, encumbrances, successors, or assigns.
S.C. Code Ann. § 38-39-100
Validity of premium service agreement as secured transaction
Former 1976 Code SECTION 38-39-100 [1962 Code SECTION 37-779; 1971 (57) 744] recodified as SECTION 38-75-400 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-27-110 […
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.