South Carolina Code 34-39-110. Short title
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Terms Used In South Carolina Code 34-39-110
- Deferred presentment services: means a transaction pursuant to a written agreement involving the following combination of activities in exchange for a fee:
(a) accepting a check dated on the date it was written; and
(b) holding the check for a period of time before presentment for payment or deposit. See South Carolina Code 34-39-120
This chapter may be cited as the "South Carolina Deferred Presentment Services Act".