S.C. Code Ann. § 23-31-170
Only a licensed dealer shall make a loan secured by a mortgage, deposit or pledge of a pistol and the dealer shall keep such records as are required herein. A licensed dealer may mortgage any pistol or stock of pistols but shall not deposit the same with any other person.
HISTORY: 1962 Code Section 16-129.6; 1965 (54) 578.