Limitation on investments in banker's banks

S.C. Code Ann. § 34-33-60, under Title 34, Chapter 33.

S.C. Code Ann. § 34-33-60

Notwithstanding any other provision of law, up to fifteen percent of the capital accounts of a bank may be invested in the capital stock of a banker's bank, except that no purchase of stock may result in acquisition of more than five percent of any class of voting securities of the banker's bank.