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25 chapters · 534 sections in this title.
S.C. Code Ann. § 34-25-10 Definitions
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For purposes of this article: (1) "Acquire" means: (a) for a company to merge or consolidate with a bank holding company; (b) for a company to assume direct or indirect ownership or control of: (i) more than twenty-five percent of any class of voting shares of a bank holding comp…
S.C. Code Ann. § 34-25-100 Board authority
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In order to carry out the purposes of this article, the board may: (a) promulgate regulations in accordance with the Administrative Procedures Act; (b) enter into cooperative, coordinating or information-sharing agreements with any other bank supervisory agency or any organizatio…
S.C. Code Ann. § 34-25-20 Purpose
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This article sets forth the conditions under which a company may acquire a South Carolina bank or a South Carolina bank holding company. This article is intended not to discriminate against out-of-state holding companies in any manner that would violate Section 3(d) of the Bank H…
S.C. Code Ann. § 34-25-210 Purpose
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It is the intent of this article to permit interstate branching by merger under Section 102 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, Public Law No. 103-328, in accordance with the provisions set forth in this article.
