Bill > H3179

This bill adds a new section to South Carolina law that prohibits unfair trade practices in the automotive and recreational vehicle industry. Specifically, the bill makes it illegal for manufacturers, distributors, dealers, and their representatives to engage in actions that are arbitrary, in bad faith, or unconscionable that cause damage to other parties or the public. The legislation allows injured parties to sue in court and potentially recover double their actual damages, plus legal costs and attorney's fees. If a jury finds that a defendant acted maliciously, they may award punitive damages up to three times the actual damages. The bill notes that courts can look to the Federal Trade Commission Act for guidance in interpreting unfair practices, and it also stipulates that a final judgment in a federal antitrust or trade commission proceeding can serve as prima facie evidence in related state cases. The law would take effect upon the Governor's approval, providing additional legal protections for businesses and consumers in vehicle-related transactions by creating a clear framework for addressing unfair trade practices.

Business and Industry

https://www.scstatehouse.gov/billsearch.php?billnumbers=3179&session=126&summary=B