2018 South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
CHAPTER 37 - BUSINESS DEVELOPMENT CORPORATIONS
Section 33-37-1030. Participating financial institution; execution of agreement.

Universal Citation: SC Code § 33-37-1030 (2018)

A financial institution desiring to become a participating financial institution shall execute an agreement in a form BDC prescribes, containing the terms and provisions provided in Section 33-37-1040 and other terms and provisions BDC considers necessary or appropriate.

HISTORY: 2005 Act No. 157, Section 4.A, eff June 10, 2005, applicable for taxable years beginning January 1, 2006; 2015 Act No. 60 (S.389), Section 1, eff June 4, 2015.

Effect of Amendment

2015 Act No. 60, Section 1, reenacted this section with no change.

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