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§ 40-39-40 — South Carolina Law | CourtGPT
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  6. § 40-39-40
South Carolina Legal Code

§ 40-39-40

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(A) No pawnbroker may charge or collect any fees, costs, or assessments of any kind or nature other than those specifically allowed under this chapter. (B) A person who makes a pawn transaction in violation of this chapter: (1) may not collect, receive, or retain any interest or charges on the loan in violation of this chapter; and (2) has no right to possess the pledged goods. HISTORY: 1988 Act No. 491, Section 2; 2016 Act No. 262 (H.4090), Section 7, eff June 9, 2016.