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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 34-30-1310: Investments in real property; limitations.

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Where this section sits in the code
  1. Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEY
  2. CHAPTER 30 State Savings Bank
  3. ARTICLE 7 Loans and Investments

With the prior approval of the board, a state savings bank may invest in real property for the conduct of its business. The total investment in fixed assets must not exceed fifty percent of the state savings bank's net worth.

Collected 2026-09-02T07:06:44Z. Source file · JSON

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