§ 12.5-26. Charges on loan.

Latest version.

Pawnbrokers may demand or receive on loans not in excess of three hundred dollars ($300.00) a charge at the rate of one dollar ($1.00) per thirty-day period for each ten dollars ($10.00) loaned; provided, that a minimum charge of fifty cents ($0.50) may be collected for loans under ten dollars ($10.00).

(Ord. No. 14-87, § 11, 5-5-87)

State law reference

Similar provisions, S.C. Code § 40-39-100.

                    
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