South Carolina Code of Regulations
Chapter 79 - DEPARTMENT OF LABOR, LICENSING AND REGULATION- MANUFACTURED HOUSING BOARD
Section 79-8 - Release of Surety Bond or Other Approved Security

Universal Citation: SC Code Regs 79-8
Current through Register Vol. 48, No. 9, September 27, 2024

If a licensee does not conduct business within a thirty (30) day period after issuance of a license by the Board, the purchaser or indemnifier of the licensee's surety bond or other approved security may petition the Board in writing for the return of the surety bond or other approved security. The petition must include satisfactory evidence that the licensee did not conduct any business and the original license issued to the licensee must be returned with the petition. If the original license is not available, the purchaser or indemnifier may provide evidence of purchase or indemnity of the surety bond or other approved security along with an affidavit attesting to the fact that no business was conducted.

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