State-chartered banks may engage in the leasing of personal property under the same terms and conditions as permitted national banks by 12 CFR Chapter 1--Section 7.3400, Department of the Treasury, Office of the Comptroller of the Currency, Regulation dated April 13, 1979.
S.C. Code Regs. § 15-39J
Statutory Authority: 1976 Code Section 34-1-110