862 rulemaking notices from 24 South Carolina agencies, proposed, emergency, and final filings as they cross the State Register on the way into the Administrative Code.
Disposition of Real Property of Banks (Exempt)
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Document No. 5287 STATE BOARD OF FINANCIAL INSTITUTIONS CHAPTER 15 Statutory Authority: 1976 Code Sections 34-1-60, 34-1-110, and 34-50-530(A) 15-26. Disposition of Real Property of Banks. Synopsis: The State Board of Financial Institutions (BOFI) amends Regulation 15-26 in order to allow state-chartered banks, state savings banks, and savings and loan associations to hold, dispose of, and account for “Other Real Estate Owned” in the same manner as their nationally-chartered counterparts. The Notice of Drafting was published in the State Register on June 28, 2024. The Proposed Regulation was p…
Declaration of Dividends by State-chartered Credit Unions
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Document No. 5286 STATE BOARD OF FINANCIAL INSTITUTIONS CHAPTER 15 Statutory Authority: 1976 Code Section 34-26-210 15-50. Declaration of Dividends by State-chartered Credit Unions. Synopsis: The State Board of Financial Institutions (BOFI) proposes to amend Regulation 15-50 to incorporate languages that clarifies the meaning of Section 34-26-710 regarding the declaring and paying of dividends by a credit union. The Notice of Drafting was published in the State Register on June 28, 2024. The Proposed Regulation was published in the State Register on August 23, 2024. 32 FINAL REGULATIONS South …