S.C. Code Regs. § § 15-25

Current through Register Vol. 48, No. 11, November 22, 2024

Section 15-25 - Property Held for Future Expansion

State chartered banks, state savings banks, and state savings and loan associations may hold property acquired for future expansion under the same conditions as national banks and federal savings associations are permitted to hold such property and must account for and dispose of such property accordingly.

S.C. Code Regs. § 15-25

Amended by State Register Volume 24, Issue No. 2, eff February 25, 2000; State Register Volume 48, Issue No. 11, eff. 11/22/2024.

Statutory Authority: 1976 Code Section 34-1-60