S.C. Code Ann. Regs. 15-12
Reserve Accounts, Savings and Loan Associations and Savings Banks.
Effective Nov 28, 2025SCSR 49-11 Doc. No. 5394State Board of Financial Institutions
Every State chartered savings and loan association and savings bank shall establish and maintain adequate reserves for potential losses in the same manner as federal savings associations are required to do.
HISTORY: Amended by SCSR 49-11 Doc. No. 5394, eff November 28, 2025.