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2017 South Carolina Code of Laws
Title 37 - Consumer Protection Code
CHAPTER 2 - CREDIT SALES
Section 37-2-406. Restriction on liability in consumer lease.
Universal Citation: SC Code § 37-2-406 (2017)
The obligation of a lessee upon expiration of a consumer lease may not exceed three times the average payment allocable to a monthly period under the lease. This limitation does not apply to charges for damages to the leased property or for other default.
HISTORY: 1962 Code Section 8-800.196; 1974 (58) 2879; 1976 Act No. 686 Section 58.
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