Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEYChapter 26 - SOUTH CAROLINA CREDIT UNION ACT
Article 4 - POWERS OF CREDIT UNION
Section 34-26-420 - Powers incidental to purpose of credit union; limitations

S.C. Code § 34-26-420

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Current through 2024 Act No. 225.
Section 34-26-420 - Powers incidental to purpose of credit union; limitations

A credit union may exercise incidental powers to enable it to carry out its purposes. However, the powers granted by state law or regulation to a state-chartered credit union shall not exceed those provided by federal law to a federally chartered credit union.

S.C. Code § 34-26-420

2007 Act No. 51, Section 3, eff upon approval (became law without the Governor's signature on June 7, 2007); 1996 Act No. 371, Section 1, eff 5/29/1996.