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25 chapters · 534 sections in this title.
S.C. Code Ann. § 34-30-1260 Repayment plan; written agreement required
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Subject to rules or regulations as the board prescribes, a state savings bank must agree in writing with borrowers as to the method or plan by which an indebtedness must be repaid.
S.C. Code Ann. § 34-30-1270 Stringency of rules or regulations
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The board may adopt rules or regulations no less stringent than the requirements of the appropriate federal regulatory authority to govern the making of loans to officers and directors, and their associates, and companies or other business entities controlled by them.
S.C. Code Ann. § 34-30-1280 Limitations on rules or regulations
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A rule or regulation that the board adopts in respect to loans permitted to be made by state savings banks as necessary to assure that the loans are in keeping with sound lending practices and to promote the purposes of this chapter must not prohibit a state savings bank from mak…
S.C. Code Ann. § 34-30-1290 Loans or investments violating this chapter
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Unless otherwise provided, every loan or other investment made in violation of this chapter is due and payable according to its terms and its obligation is not impaired if the violation consists only of the lending of an excessive sum of authorized security or of investing in an …
