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Indicates Matter Stricken
Indicates New Matter
S. 158
STATUS INFORMATION
General Bill
Sponsors: Senators Shoopman and O'Dell
Document Path: l:\council\bills\swb\5004cm11.docx
Companion/Similar bill(s): 4006
Introduced in the Senate on January 11, 2011
Currently residing in the Senate Committee on Transportation
Summary: Motor vehicle dealers
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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12/1/2010 Senate Prefiled
12/1/2010 Senate Referred to Committee on Transportation
1/11/2011 Senate Introduced and read first time (Senate Journal-page 77)
1/11/2011 Senate Referred to Committee on Transportation
(Senate Journal-page 77)
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 56-15-10, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO TERMS AND THEIR DEFINITIONS CONCERNING THE REGULATION OF MOTOR VEHICLE MANUFACTURERS, DISTRIBUTORS, AND DEALERS, SO AS TO REVISE THE DEFINITION OF THE TERM "DEALER" OR "MOTOR VEHICLE DEALER".
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 56-15-10(h) of the 1976 Code is amended to read:
"(h) 'Dealer' or 'motor vehicle dealer', any a person who sells or attempts to effect the sale of any motor vehicle. These terms do not include:
(1) distributors or wholesalers.;
(2) receivers, trustees, administrators, executors, guardians or other persons appointed by or acting under the judgment or order of any court.;
(3) public officers while performing their official duties.;
(4) persons disposing of motor vehicles acquired for their own use and so used in good faith and not for the purpose of avoiding the provisions of law. Any person who effects or attempts to effect the sale of more than five motor vehicles in any one calendar year is considered a dealer or wholesaler, as appropriate, for purposes of this chapter.;
(5) finance companies or other financial institutions who sell repossessed motor vehicles and insurance companies who sell motor vehicles they own as an incident to payments made under policies of insurance.;
(6) companies not in the motor vehicle sales business or estates disposing of motor vehicles titled in the name of the company or estate if sold at public auction at the physical location of the company or estate through an auctioneer or an auction firm licensed under Chapter 6, Title 40; and
(7) auctioneers or auction firms licensed under Chapter 6, Title 40 while under contract with companies or estates to sell at public auction motor vehicles titled in the name of the company or estate at the physical location of the company or estate."
SECTION 2. This act takes effect upon approval by the Governor.
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