South Carolina § 40-59-250 - Credit report; factors indicating reputation for timely performance; outstanding judgments.
Full text of South Carolina South Carolina Code of Laws § 40-59-250 — Credit report; factors indicating reputation for timely performance; outstanding judgments., with citation guidance and answers to common questions.
§ 40-59-250. Credit report; factors indicating reputation for timely performance; outstanding judgments.
(A) A person applying to the commission for licensure as a residential builder or registration as a residential specialty contractor must submit to a credit report. In addition to the information provided by the credit report, the commission may determine from the written application, the personal references provided by the applicant, written communications or complaints to the commission, and from any other reliable, documented sources whether an applicant for licensure as a residential builder or an applicant for registration as a residential specialty contractor has a reputation for the prompt payment of labor and material bills and for the timely completion of other contracts into which the applicant may have entered.
(B) The commission shall require the applicant to list on application and renewal forms any outstanding judgments issued against him or any entities with whom the applicant was associated for the past five years.
HISTORY: 2002 Act No. 359, SECTION 1.
Editor's Note
Prior Laws:1994 Act No. 463, SECTION 1; 1976 Code SECTION 40-59-85.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 40-59-250
What does South Carolina Code of Laws § 40-59-250 cover?
Section 40-59-250 ("Credit report; factors indicating reputation for timely performance; outstanding judgments.") 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 § 40-59-250?
A common citation format is "South Carolina Code of Laws § 40-59-250" (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 § 40-59-250 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.