Section 37-2-403. Certain negotiable instruments prohibited.

SC Code § 37-2-403 (2019) (N/A)
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With respect to a consumer credit sale or consumer lease, the creditor may not take a negotiable instrument other than a check dated not later than ten days after its issuance as evidence of the obligation of the consumer.

HISTORY: 1962 Code Section 8-800.193; 1974 (58) 2879; 1976 Act No. 686 Section 16.