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2017 South Carolina Code of Laws
Title 37 - Consumer Protection Code
CHAPTER 3 - LOANS
Section 37-3-514. Limitation on attorney's fees.
Universal Citation: SC Code § 37-3-514 (2017)
With respect to a supervised loan with a loan finance charge in excess of eighteen percent per year and in which the principal is $1,000 or less, the agreement may not provide for the payment by the debtor of attorney's fees. A provision in violation of this section is unenforceable.
HISTORY: 1976 Act No. 686 Section 2.
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