With the approval of the State Board of Financial Institutions, a corporation may be formed under the laws of this State for the purpose of becoming a banker's bank.
HISTORY: 1985 Act No. 46 Section 2.
Structure South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
Section 34-33-10. "Banker's bank" defined.
Section 34-33-20. Formation of corporation.
Section 34-33-30. Applicability of banking laws and regulations.
Section 34-33-40. Repurchase of capital stock.
Section 34-33-50. Exemption from banking laws.
Section 34-33-60. Limitation on investments in banker's banks.