Good news, NC Buy Here Pay Here dealers! The General Assembly passed a bill increasing the maximum late fee to $15.00. Please see below for the statute. GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2017 SESSION LAW 2017-45 SENATE BILL 577 … Continue reading
SCDMV Dealer Connection Issue 6 — Spring/Summer 2017 — June 2017 New Sales Tax Rules … Continue reading
By Thomas B. Hudson and Nicole Frush Munro Here’s our monthly article on legal developments in the auto sales, finance and lease world. Last month’s report was skimpy, but this month’s is skimpier yet. The Consumer Financial Protection Bureau … Continue reading
The General Assembly recently passed a state law (SB131) which eliminates the emissions inspection requirement in 26 counties (see county list below). The law also exempts from the emissions inspection requirement all vehicles older than 20 years in all counties. … Continue reading
South Carolina Department of Motor Vehicles Mandatory ELT Information for Motor Vehicle Dealers South Carolina Code of Laws, Section 56-19-2651 authorizes SCDMV to require electronic lien recordings from lenders doing business in South Carolina. In addition to Mandatory ELT, SCDMV … Continue reading