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25 chapters · 534 sections in this title.
S.C. Code Ann. § 34-13-100 Investigation of security consisting of warehouse receipts
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When warehouse receipts for products are pledged as securities in any State bank under examination the examiner of such bank may go upon the premises of the person issuing the receipts, question the management under oath and, if thought necessary, have the actual product exhibite…
S.C. Code Ann. § 34-13-110 Certain discounts are not considered as money borrowed
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The discount of bills of exchange drawn in good faith against existing values and the discount of commercial business paper shall not be considered as money borrowed.
S.C. Code Ann. § 34-13-140 Restrictions on loan on or purchase of bank's own stock
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(A) It is unlawful for any banking institution to make any loan or discount on the security of the shares of its own capital stock or to be the purchaser or holder of any such shares unless such security or purchase is necessary to prevent loss upon a debt previously contracted i…
S.C. Code Ann. § 34-13-150 Investment of funds in federal savings and loan associations and building and loan associations
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It shall be lawful for any building and loan association, bank, trust company or other financial institution operating or doing business in the State or under the laws of the State or the United States, any national bank or the receiver of any bank, trust company, building and lo…
