S.C. Code § 34-30-1240

Current through 2024 Act No. 225.

Section 34-30-1240 - Condition of loan on specific contracts prohibited

A state savings bank or service corporation shall not require, as a condition of making a loan, that the borrower contract with any specific person or organization for particular services, except as otherwise permitted to national banking associations.

1997 Act No. 90, Section 1, eff 6/10/1997.