There is a newer version of the South Carolina Code of Laws
2015 South Carolina Code of Laws
Title 40 - Professions and Occupations
CHAPTER 6 - AUCTIONEERS
Section 40-6-280. "Absolute" auctions.
SC Code § 40-6-280 (2015) What's This?
It is unlawful to conduct or advertise that an auction is "absolute" if minimum opening bids are required or other conditions are placed on the sale which limit the sale other than to the highest bidder.
HISTORY: 2000 Act No. 318, Section 1.
Editor's Note
Prior Laws:1988 Act No. 408, Section 2; 1976 Code Section 40-6-145.
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