South Carolina House Bill 3908 (Prior Session Legislation)

---

Spectrum: Bipartisan Bill
Status: Introduced on February 17 2021 - 25% progression, died in committee
Action: 2021-02-17 - Referred to Committee on Labor, Commerce and Industry
Pending: House Labor, Commerce and Industry Committee
Text: Latest bill text (Introduced) [HTML]

Amend The Code Of Laws Of South Carolina, 1976, By Adding Article 8, To Chapter 1, Title 35 So As To Authorize A Broker-dealer, Investment Adviser, Or Qualified Individual To Delay Certain Financial Transactions In Cases Of The Suspected Financial Exploitation Of A Vulnerable Adult, And To Define Necessary Terms; To Amend Section 35-1-607, Relating To Public Records Not Authorized For Public Examination, So As To Provide That Records Disclosed Under Article 8 Are Nonpublic; And By Adding Section 43-35-87 So As To Authorize Financial Institutions To Decline Certain Financial Transaction Requests In Cases Of The Suspected Financial Exploitation Of A Vulnerable Adult, And To Define Necessary Terms.

Financial transactions of vulnerable adults

Rep. William Sandifer [R]

Rep. Joseph Jefferson [D]

Date	Chamber	Action
2021-02-17	House	Referred to Committee on Labor, Commerce and Industry
2021-02-17	House	Introduced and read first time

Chapter	Article	Section	Citation Type	Statute Text
35	1	607	(n/a)	See Bill Text
43	35	87	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=3908&session=124&summary=B
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/3908_20210217.htm