Establishes gold and silver specie as legal tender in South Carolina.

This bill amends the South Carolina Code to add Article 17 to Chapter 1 of Title 1, making gold and silver specie legal tender in the state. It specifies that the specie must be marked with its weight and purity and may include a refiner or mint identifier. The Comptroller General is authorized to establish electronic systems for transactions, contract with vendors, and adopt rules to implement the act. The act does not restrict electronic transfers of gold and silver specie or apply to federal currency.

Establishes gold and silver specie as legal tender in South Carolina.

This bill amends the South Carolina Code to add Article 17 to Chapter 1 of Title 1, making gold and silver specie legal tender in the state. It specifies that the specie must be marked with its weight and purity and may include a refiner or mint identifier. The Comptroller General is authorized to establish electronic systems for transactions, contract with vendors, and adopt rules to implement the act. The act does not restrict electronic transfers of gold and silver specie or apply to federal currency.