Condition of loan on specific contracts prohibited.

S.C. Code Ann. § 34-30-1240
in effect
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A state savings bank or service corporation shall not require, as a condition of making a loan, that the borrower contract with any specific person or organization for particular services, except as otherwise permitted to national banking associations.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t34c030.phpFetched: 10/17/2026

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