S.C. Code Ann. § 34-33-50

Exemption from banking laws

1985 Act No. 46 SECTION 5.

If the State Board of Financial Institutions determines that any provision of Title 34 of the 1976 Code is inconsistent with the purpose for which a banker's bank is organized and that the public welfare or any financial institution would not be jeopardized thereby, it may by regulation exempt a banker's bank from the provision or limit its application.

HISTORY: 1985 Act No. 46 SECTION 5.

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