South Carolina § 12-28-2520 - Motor fuel licensee bond exemption based on statement of assets and liabilities.
Full text of South Carolina South Carolina Code of Laws § 12-28-2520 — Motor fuel licensee bond exemption based on statement of assets and liabilities., with citation guidance and answers to common questions.
§ 12-28-2520. Motor fuel licensee bond exemption based on statement of assets and liabilities.
A motor fuel licensee may furnish the department with a statement of assets and liabilities, and if in the judgment of the department the property owned by the motor fuel licensee is sufficient to protect the State in the payment of all motor fuel user fees due, a bond is not required.
HISTORY: 1995 Act No. 136, SECTION 2; 1996 Act No. 461, SECTION 4Z.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 12-28-2520
What does South Carolina Code of Laws § 12-28-2520 cover?
Section 12-28-2520 ("Motor fuel licensee bond exemption based on statement of assets and liabilities.") 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 § 12-28-2520?
A common citation format is "South Carolina Code of Laws § 12-28-2520" (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 § 12-28-2520 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.