{"data":{"id":"us-sc/s.c.-code-ann.-37-3-509","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 37-3-509","heading":"Use of multiple agreements.","body":"With respect to a supervised loan, no lender may use multiple agreements with respect to a single consumer loan transaction with intent to obtain a higher rate of loan finance charge than would otherwise be permitted by the provisions on loan finance charges for supervised loans (Section 37-3-508). The excess amount of loan finance charge resulting from a violation of this section is an excess charge for the purpose of the provisions on rights of parties (Section 37-5-202) and the provisions on civil actions by the administrator (Section 37-6-113).","path":["Title 37 - CONSUMER PROTECTION CODE","CHAPTER 3 Loans","Part 5 Supervised Loans"],"source_url":"https://www.scstatehouse.gov/code/t37c003.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:09:19Z","sha256":"4f58019a81e2e8639d637cae691426ba4ec3bfd761e21e8f7d66d8553fa11f3e","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-37-3-507","next":"us-sc/s.c.-code-ann.-37-3-510"},"notice":"GroundRules: Original legal text. Not legal advice."}