South Carolina § 15-50-100 - Registration valid for one year.
Full text of South Carolina South Carolina Code of Laws § 15-50-100 — Registration valid for one year., with citation guidance and answers to common questions.
§ 15-50-100. Registration valid for one year.
A person may apply with the Secretary for registration to do business in this State as a structured settlement purchase company. An application for an initial or renewed registration must be submitted on a form prescribed by the Secretary. An initial or renewed registration is valid for one year from the date it is issued and shall expire one year after the date it was issued. The registration may be renewed annually by the registrant on or before the expiration date. If a structured settlement purchase company fails to file with the Secretary a renewal application on or before the expiration date, then it will be required to file another initial application with the Secretary and pay the application fee for an initial application pursuant to this chapter.
HISTORY: 2023 Act No. 22 (S.259), SECTION 10, eff January 1, 2024.
Editor's Note
2023 Act No. 22, SECTION 20, provides as follows:
"SECTION 20. SECTION 9 through SECTION 16 take effect on January 1, 2024. All other SECTIONS take effect on July 1, 2023, and apply to applications filed on or after the effective date."
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 15-50-100
What does South Carolina Code of Laws § 15-50-100 cover?
Section 15-50-100 ("Registration valid for one year.") 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 § 15-50-100?
A common citation format is "South Carolina Code of Laws § 15-50-100" (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 § 15-50-100 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.