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S.C. Code Ann. § 40-39-40

Unauthorized fees prohibited; violative pawn transaction ramifications

1988 Act No. 491, SECTION 2; 2016 Act No. 262 (H.4090), SECTION 7, eff June 9, 2016.

(A) No pawnbroker may charge or collect any fees, costs, or assessments of any kind or nature other than those specifically allowed under this chapter.

(B) A person who makes a pawn transaction in violation of this chapter:

(1) may not collect, receive, or retain any interest or charges on the loan in violation of this chapter; and

(2) has no right to possess the pledged goods.

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