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2017 South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
CHAPTER 45 - SAVINGS PROMOTION CONTESTS
Section 34-45-30. Savings promotion contests authorized.
Universal Citation: SC Code § 34-45-30 (2017)
A financial institution authorized to do business in South Carolina under federal or state law, subject to the supervision of the appropriate state or federal regulatory agency of the participating financial institution, may conduct a savings promotion contest in accordance with the provisions of this chapter and this title for the purposes of encouraging its depositors to maintain savings accounts and to increase personal savings.
HISTORY: 2016 Act No. 203 (S.652), Section 1, eff June 3, 2016.
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