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Business Opportunity Sales Act

  1. Law
  2. South Carolina Code of Laws
  3. Trade and Commerce
  4. Business Opportunity Sales Act

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Section
39-57-10

Short title.

Section
39-57-20

"Business opportunity" defined; exceptions.

Section
39-57-30

Written disclosure document required of seller; contents of document.

Section
39-57-40

Surety bond or trust account requirements.

Section
39-57-50

Registration and filing information with Secretary of State; penalty for failure to file.

Section
39-57-55

Registration periods for biennial licenses; proration of fees during conversion to biennial cycle; renewals.

Section
39-57-60

Seller prohibited from certain representations and acts.

Section
39-57-70

Business opportunity contracts to be in writing; terms to be included.

Section
39-57-80

Purchaser may void contract; actions for damages; jurisdiction to enjoin violation; remedies not exclusive; violations constitute unfair trade practice.

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