South Carolina H 4391: Vehicle registration

Bill Text

2025-2026 Bill 4391 Text of Previous Version (Apr. 23, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 4391

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

House: Forrest

Attorney: Allen

Drafting Assistant: Newboult

Date: April 22, 2025

DOC. ID.: /LEGISLATIVE 
COUNCIL/SA/DRAFTS/LC-0314SA25/LC-0314SA25.DOCX

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 
37-5-120 SO AS TO PROVIDE THAT A CONTRACTOR OR COMPANY MAY REPOSSESS ANY AND 
ALL REMOVABLE EQUIPMENT UNDER CERTAIN CIRCUMSTANCES.

Be it enacted by the General 
Assembly of the State of South Carolina:

SECTION 1. Part 1, Chapter 5, Title 37 of the S.C. Code is amended 
by adding:

 Section 
37-5-120. (A) A contractor or 
company that provides and installs any and all removable equipment that is 
marked with UCC identification information, model numbers, serial numbers, 
identification codes, or other similar markings that identify a particular 
piece of equipment from the same or similar equipment made by a particular 
manufacturer to a consumer through a consumer credit transaction may repossess 
the installed removable equipment from a consumer who defaults on an agreement 
by failing to make the required payment.

 (B) 
The contractor or company may not repossess this installed removable equipment 
without providing proper notice and the opportunity for the consumer to cure 
the default pursuant to the provisions of Sections 37-5-110 and 37-5-111. 
Failure to provide notice and an opportunity to cure renders the repossession 
void and the contractor or company can be found liable for conversion by a 
court with competent jurisdiction.

SECTION 2. This act takes effect upon approval 
by the Governor.

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This web page was last updated on April 23, 2025 at 02:05 PM