Categories
South Carolina Installment Loans

1321.37 Application for license – investigation – relationship.

1321.37 Application for license – investigation – relationship.

(A) Application for the original or license that is renewal make short-term loans will be on paper, under oath, plus in the proper execution recommended because of the superintendent of banking institutions, and shall retain the name and target associated with the applicant, the place that the company of creating loans is usually to be carried out, and any more information whilst the superintendent calls for. During the time of making a credit card applicatoin for an authentic permit, the applicant shall spend into the superintendent a nonrefundable research charge of 200 dollars. No research fee or any portion thereof shall be refunded after a initial license has been given. The application form for an authentic or renewal permit shall be combined with a genuine or renewal permit cost, for every company location of 1 thousand bucks, except that applications for initial licenses granted on or following the first day’s July for almost any 12 months will be followed by a genuine permit charge of five hundred bucks, and except that a credit card applicatoin for an original or renewal license, for the nonprofit business this is certainly integrated under Chapter 1702. Associated with Revised Code, will be followed closely by a genuine or renewal permit charge, for every single company location, this is certainly one-half of this fee otherwise needed. All charges compensated to your superintendent pursuant to the unit will probably be deposited to the state treasury towards the credit regarding the customer finance investment.

(B) Upon the filing of a software for the license that is original, with regards to a credit card applicatoin filed for a renewal permit, on a routine decided by the superintendent by rule used pursuant to area 1321.43 associated with Revised Code, together with re re payment of fees according to unit (A) for this part, speedyloan.net/installment-loans-sc the superintendent shall investigate the reality in regards to the applicant plus the needs given by this unit.