South Carolina Code § 37-11-140

Effective date of chapter; exceptions.
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(A) The provisions of Section 37-11-35 do not apply to a continuing care contract entered into before the effective date of this chapter.
(B) The provisions of subsection (A) do not limit the department's authority to deny, suspend, or revoke a license or assess a monetary penalty if it finds fraud or gross financial mismanagement.

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