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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 34-26-940. Retirement, pension, profit-sharing, and deferred income accounts.
Universal Citation: SC Code § 34-26-940 (2017)
A credit union may act as trustee or custodian of any form of retirement, pension, profit-sharing, or deferred income accounts authorized under federal law or the laws of this State including, but not limited to, individual retirement accounts, pension funds of self-employed individuals, and pension funds of a company or organization whose employees or members are eligible for membership in the credit union.
HISTORY: 1996 Act No. 371, Section 1, eff May 29, 1996.
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