Current Status Bill Number:
4507Ratification Number: 378Act Number: 313Type of Legislation: General Bill GBIntroducing Body: HouseIntroduced Date: 19980127Primary Sponsor: DavenportAll Sponsors: DavenportDrafted Document Number: psd\7000jm.98Date Bill Passed both Bodies: 19980514Date of Last Amendment: 19980226Governor's Action: SDate of Governor's Action: 19980526Subject: Contractors, unpaid debts under still-valid license; statement to list certain financial information; Construction
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ ------ 19980611 Act No. A313 ------ 19980526 Signed by Governor ------ 19980521 Ratified R378 Senate 19980514 Read third time, enrolled for ratification Senate 19980513 Read second time Senate 19980414 Committee report: Favorable 12 SLCI Senate 19980303 Introduced, read first time, 12 SLCI referred to Committee House 19980227 Read third time, sent to Senate House 19980226 Read second time, unanimous consent for third reading on the next Legislative day House 19980226 Amended House 19980225 Committee report: Favorable with 26 HLCI amendment House 19980127 Introduced, read first time, 26 HLCI referred to CommitteeView additional legislative information at the LPITS web site.
(A313, R378, H4507)
AN ACT TO AMEND CHAPTER 11, TITLE 40, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE REGULATION OF CONTRACTORS AS A PROFESSION, BY ADDING SECTION 40-11-165 SO AS TO PROVIDE THAT A PERSON WHO IS OR HAS BEEN LICENSED PURSUANT TO THIS CHAPTER WHO LEAVES THE STATE WITH UNPAID DEBTS AND SUBSEQUENTLY RETURNS AND SEEKS LICENSURE AGAIN, OR TO DO BUSINESS AGAIN UNDER A STILL-VALID, PREVIOUSLY ISSUED LICENSE, SHALL FILE A SIGNED, NOTARIZED STATEMENT LISTING CERTAIN FINANCIAL INFORMATION, AND TO PROVIDE FOR RELATED MATTERS.
Be it enacted by the General Assembly of the State of South Carolina:
Listing of outstanding debts, bankruptcies; etc.
SECTION 1. The 1976 Code is amended by adding:
Section 40-11-165. Notwithstanding any other provision of law, a person who is or has been licensed pursuant to the provisions of this chapter who leaves this State with unpaid debts and subsequently returns to the State and seeks to become licensed in this State again, or to do business again in this State under the authority of a still-valid license previously issued under this chapter, shall file with the board a signed, notarized statement listing (1) all outstanding debts the person, or any subsidiary of the person, owes with respect to having done business previously in this State and (2) all bankruptcies which the person, or any subsidiary of the person, has been involved in at any time and place. The board is authorized to refuse to issue a license to the person, and is also authorized to revoke the person's still-valid license, as the case may be, based upon the information contained in the signed, notarized statement required by this section.
SECTION 2. This act takes effect upon approval by the Governor.
Approved the 26th day of May, 1998.