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2017 South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
CHAPTER 26 - SOUTH CAROLINA CREDIT UNION ACT
Section 34-26-380. Conduct of business out of state by credit union; necessity of board approval.
Universal Citation: SC Code § 34-26-380 (2017)
A credit union incorporated under this chapter may conduct business outside of this State, in other states, or territories where it is permitted to conduct business as a credit union. However, a credit union may not operate an out-of-state branch without first obtaining approval of the board.
HISTORY: 1996 Act No. 371, Section 1, eff May 29, 1996.
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