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South Carolina Pawnbroker Bonds

What is a South Carolina Pawnbroker Bond?

A Pawnbroker Surety Bond must be deposited by South Carolina pawnbrokers pursuant to Section 40-39-50 of the Code of Laws of South Carolina. The surety bond is typically in an amount or coverage of $15,000 and is required for those seeking a certificate of authority to carry on the business of a pawnbroker in accordance with the laws of the State of South Carolina. If the bonded pawnbroker does not faithfully comply with the South Carolina Pawnbroker Act, S.C. Code Ann. ยง 40-39-10 et seq. and any regulations set out thereunder, or if anyone is harmed financially because of the principal's misconduct as determined by the Administrator or a court of competent jurisdiction, an actions may be taken by the aggrieved parties to recover against the bond.

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1-Year Bond

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Additional South Carolina Pawnbroker Surety Bond Resources & Links

South Carolina Pawnbroker Licensing and Regulation