Terms Used In South Carolina Code 37-22-230

  • Conviction: A judgement of guilt against a criminal defendant.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
A person who wilfully violates a provision of this chapter is guilty of a misdemeanor and, upon conviction, must be fined not more than five hundred dollars or imprisoned not more than six months, or both, for each violation. Each transaction involving the unlawful making or servicing of a mortgage loan is a separate offense.