S.C. Code § 34-33-60

Current through 2024 Act No. 225.
Section 34-33-60 - Limitation on investments in banker's banks

Notwithstanding any other provision of law, up to fifteen percent of the capital accounts of a bank may be invested in the capital stock of a banker's bank, except that no purchase of stock may result in acquisition of more than five percent of any class of voting securities of the banker's bank.

S.C. Code § 34-33-60

1985 Act No. 46 Section 6.