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Indicates Matter Stricken
Indicates New Matter
S. 1261
STATUS INFORMATION
General Bill
Sponsors: Senator Alexander
Document Path: l:\s-res\tca\027auto.ls.tca.docx
Introduced in the Senate on April 21, 2016
Currently residing in the Senate Committee on Banking and Insurance
Summary: Service contracts
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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4/21/2016 Senate Introduced and read first time (Senate Journal-page 6)
4/21/2016 Senate Referred to Committee on Banking and Insurance
(Senate Journal-page 6)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND CHAPTER 78, TITLE 38 OF THE 1976 CODE, RELATING TO SERVICE CONTRACTS, BY ADDING SECTION 38-78-55, TO PROVIDE THAT NO CLAUSE OF A SERVICE CONTRACT WHICH STATES THAT THE TERM OF THE CONTRACT SHALL BE DEEMED RENEWED FOR A SPECIFIED ADDITIONAL PERIOD, UNLESS THE SERVICE CONTRACT HOLDER GIVES NOTICE TO THE PROVIDER OF HIS INTENTION TO TERMINATE THE CONTRACT AT THE EXPIRATION OF THE TERM, SHALL BE ENFORCEABLE AGAINST THE SERVICE CONTRACT HOLDER.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 78, Title 38 of the 1976 Code is amended by adding:
"Section 38-78-55. No clause in a service contract which states that the term of the contract shall be deemed renewed for a specified additional period, unless the service contract holder gives notice to the provider of his intention to terminate the contract at the expiration of the term, shall be enforceable against the service contract holder."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on
April 21, 2016 at 4:12 PM