South Carolina § 37-2-403 - Certain negotiable instruments prohibited.
Full text of South Carolina South Carolina Code of Laws § 37-2-403 — Certain negotiable instruments prohibited., with citation guidance and answers to common questions.
§ 37-2-403. Certain negotiable instruments prohibited.
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.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 37-2-403
What does South Carolina Code of Laws § 37-2-403 cover?
Section 37-2-403 ("Certain negotiable instruments prohibited.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 37-2-403?
A common citation format is "South Carolina Code of Laws § 37-2-403" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 37-2-403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.