S.C. Code § 34-26-1360

Current through 2024 Act No. 225.

Section 34-26-1360 - Acceptance of security for loans; pledges, assignments, hypothecation, or mortgages

The corporate credit union may require and accept security for loans to a member in the form of a pledge, assignment, hypothecation, or mortgage of any assets of the member or a guarantor.

S.C. Code § 34-26-1360

1996 Act No. 371, Section 1, eff 5/29/1996.