Definitions., S.C. Code Regs. 73-400
Summary
1. Business license means a license from SLED to operate a private investigation or private security business or entity, to solicit such business, perform or employ others to perform the activities specific to that business and to charge fees for performance of such activities.
2. Registration means the registration with SLED of a person to be employee by the licensed business to perform the specific activities of the business. Registration does not authorize the operation of a business.
3. Principal means the chief executive or other person employed and authorized to exercise day-today operational direction and control of the practices and employees of the entity.
4. Licensee means a person who holds a valid license to conduct a business authorized in Chapter 18, Title 40, South Carolina Code of Laws.