A specialty contractor's license expires on June 30th. The contractor submits a renewal application on July 15th. What penalty applies?
Correct Answer
D) 50% late fee penalty
South Carolina imposes a 50% late fee penalty on license renewals submitted after the expiration date but within the grace period.
Why This Is the Correct Answer
South Carolina imposes a 50% late fee penalty on license renewals submitted after the expiration date but within the grace period.
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