{"data":{"id":"us-sc/s.c.-code-ann.-34-26-1310","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 34-26-1310","heading":"Purposes of corporate credit union.","body":"The purposes of the corporate credit union are to:\n(a) accumulate and prudently manage the liquidity of its member credit unions through interlending and investment services;\n(b) act as an intermediary for credit union funds between members and other corporate credit unions;\n(c) obtain liquid funds from other credit union organizations, financial intermediaries, and other sources;\n(d) foster and promote in cooperation with other state, regional, and national corporate credit unions and credit union organizations or associations the economic security, growth, and development of member credit unions;\n(e) provide payment systems and correspondent services to its members; and\n(f) perform such other services of benefit to its members which are authorized by the Board of Financial Institutions.","path":["Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEY","CHAPTER 26 South Carolina Credit Union Act","ARTICLE 13 Corporate Credit Union"],"source_url":"https://www.scstatehouse.gov/code/t34c026.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:06:24Z","sha256":"390d3c9e00443689f56ce1bfe72cf3af0b549ba131a4230fd4440a752289e8ff","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-34-26-1300","next":"us-sc/s.c.-code-ann.-34-26-1320"},"notice":"GroundRules: Original legal text. Not legal advice."}