S.C. Code Ann. § 32-1-270
This is the official text of S.C. Code Ann. § 32-1-270, part of South Carolina’s Code Ann — part of the compiled statutory law of South Carolina, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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SECTION 32-1-270. Statements to be furnished by agents; effect of failure to furnish.
Official statutory text
Every person shall furnish upon demand to any principal for whom such person has executed any contract for the future delivery of any cotton, grain, stocks or other commodities a written instrument setting forth the name and location of the exchange, board of trade or similar institution upon which such contract has been executed, the date of the execution of the contract and the name and address of the person with whom such contract was executed. If such person shall refuse or neglect to furnish such statement upon reasonable demand such refusal or neglect shall be prima facie evidence that such contract was an illegal contract within the provisions of SECTION 32-1-220 and that the person who executed it was engaged in the maintenance and operation of a bucket shop.
Status: in_force · Read it on the official government site
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