South Carolina Code 38-55-70. Secured loans lawful
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 38-55-70
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
It is not a violation of § 38-55-50 or the criminal laws of this State to offer to make or to make loans to citizens of this State to be secured by mortgage of real estate or other collateral security.