South Carolina General Assembly
104th Session, 1981-1982

Bill 700

                    Current Status

Bill Number:               700
Ratification Number:       486
Act Number                 397
Introducing Body:          Senate
Subject:                   Relating to the deration that licensed
                           suppliers of motor fuel other than gasoline
                           are required to keep records
View additional legislative information at the LPITS web site.

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A397, R486, S700)

AN ACT TO AMEND SECTION 12-29-360, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE REQUIREMENT THAT LICENSED SUPPLIERS OF MOTOR FUEL OTHER THAN GASOLINE ARE REQUIRED TO KEEP RECORDS FOR A PERIOD OF TWO YEARS, SO AS TO INCREASE SUCH PERIOD TO THREE YEARS.

Be it enacted by the General Assembly of the State of South Carolina:

License suppliers to keep records

Section 1. Section 12-29-360 of the 1976 Code is amended by striking "two" on line one and inserting "three". The section as amended shall read:

"Section 12-29-360. Each licensee shall maintain and keep for a period of three years from the date each return is filed, record or records of fuel received, produced, manufactured, refined, compounded, sold or used, by such licensee, together with invoices, bills of lading and such other pertinent records and papers as may reasonably be required by the Commission for the administration of this chapter."

Time effective

Section 2. This act shall take effect upon the approval by the Governor.