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2017 South Carolina Code of Laws
Title 37 - Consumer Protection Code
CHAPTER 2 - CREDIT SALES
Section 37-2-414. Limitation on default charges.
Universal Citation: SC Code § 37-2-414 (2017)
Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a consumer credit sale may not provide for any charges as a result of default by the buyer other than those authorized by this title. A provision in violation of this section is unenforceable.
HISTORY: 1962 Code Section 8-800.204; 1974 (58) 2879.
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