South Carolina § 37-10-104 - Agricultural loans under twenty-five thousand dollars.
Full text of South Carolina South Carolina Code of Laws § 37-10-104 — Agricultural loans under twenty-five thousand dollars., with citation guidance and answers to common questions.
§ 37-10-104. Agricultural loans under twenty-five thousand dollars.
With respect to a loan under which the aggregate of all sums advanced or contemplated by the parties in good faith to be advanced is less than twenty-five thousand dollars and which is primarily for an agricultural purpose, the maximum loan finance charge that may be contracted for and received shall be eighteen percent per annum, calculated according to the actuarial method.
HISTORY: 1982 Act No. 385, SECTION 56.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 37-10-104
What does South Carolina Code of Laws § 37-10-104 cover?
Section 37-10-104 ("Agricultural loans under twenty-five thousand dollars.") 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 § 37-10-104?
A common citation format is "South Carolina Code of Laws § 37-10-104" (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 § 37-10-104 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.