§ 56-3-2320 Dealer and wholesaler license plates; restrictions on use
§ 56-3-2325 Fine and forfeiture for misuse of dealer plates
§ 56-3-2330 Manufacturer license plates
§ 56-3-2332 Issuance of standard license plate to manufacturer for vehicles used in employee benefit program or for testing and promotional purposes; registration fee
§ 56-3-2335 Research and development license plates
§ 56-3-2340 Licensed motor vehicle dealers to issue first time registrations and license plates from dealership; certification of third-party providers; fees
§ 56-3-2345 Antique dealer license plates

Terms Used In South Carolina Code > Title 56 > Chapter 3 > Article 25 - Motor Vehicle Dealers' Licenses; Demonstration Plates

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Fiduciary: A trustee, executor, or administrator.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.