Applicability of chapter; exceptions.
S.C. Code Ann. § 34-39-140
in effectThis chapter does not apply to: (1) a bank, savings institution, credit union, or farm credit system organized under the laws of the United States or any state; and (2) a person principally engaged in the bona fide retail sale of goods or services who, either as an incident to or independently of a retail sale or service and not holding itself out to be a deferred presentment service, from time to time cashes checks, drafts, or money orders without a fee or other consideration.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t34c039.phpFetched: 10/17/2026