Bill Text: SC H3448 | 2013-2014 | 120th General Assembly | Introduced
Bill Title: Consumer loan transactions
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-01-29 - Referred to Committee on Judiciary [H3448 Detail]
Download: South_Carolina-2013-H3448-Introduced.html
A BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 37-3-414 SO AS TO PROVIDE THAT A VIOLATION OF FEDERAL LAW AS TO CERTAIN CONSUMER LOAN TRANSACTIONS IS A VIOLATION OF STATE LAW.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Part 4, Chapter 3, Title 37 of the 1976 Code is amended by adding:
"Section 37-3-414. Notwithstanding another provision of this chapter, a violation of a provision of Section 670 of the John Warner National Defense Authorization Act for Fiscal Year 2007, Public Law 109-364, or a regulation adopted pursuant to it is a violation of this chapter."
SECTION 2. This act takes effect upon approval by the Governor.