South Carolina § 9-1-280 - Board shall determine interest rate; base rate established.
Full text of South Carolina South Carolina Code of Laws § 9-1-280 — Board shall determine interest rate; base rate established., with citation guidance and answers to common questions.
§ 9-1-280. Board shall determine interest rate; base rate established.
The Board shall determine from time to time the rate of regular interest for use in all calculations, with the rate of four per cent per annum applicable unless heretofore or hereafter changed by the Board.
HISTORY: 1962 Code SECTION 61-18; 1952 Code SECTION 61-18; 1945 (44) 212; 1949 (46) 424.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 9-1-280
What does South Carolina Code of Laws § 9-1-280 cover?
Section 9-1-280 ("Board shall determine interest rate; base rate established.") 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 § 9-1-280?
A common citation format is "South Carolina Code of Laws § 9-1-280" (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 § 9-1-280 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.