S.C. Code Ann. Regs. 79-5
Bad Checks.
Effective Feb 25, 2005State Register Volume 29, Issue No. 2Department of Labor, Licensing and Regulation— Manufactured Housing Board
Checks issued to the Manufactured Housing Board or by order of the Board by any retail dealer, manufacturer, salesperson, multi-lot salesperson, installer, repairer or contractor which are dishonored by the financial institution for any reason, and which are not made good within ten (10) days after notice of non-payment, are considered prima facie evidence of untrustworthiness or incompetency in such a manner as to endanger the interest of the public.
- (1) If in payment of a license renewal, and a license is issued on the basis of such payment, that license will be immediately canceled.
- (2) Where a check or checks are incorrectly returned by a bank or other depository because of the bank or depository’s error, a statement to such effect from the institution will be required before a license will be reinstated.
HISTORY: Added by State Register Volume 29, Issue No. 2, eff February 25, 2005.