Fees to defray administration, supervision, examination, and other expenses of annual examination of credit union.

  1. Law
  2. South Carolina Code of Laws
  3. Banking, Financial Institutions and Money
  4. South Carolina Credit Union Act
  5. Fees to defray administration, supervision, examination, and other expenses of annual examination of credit union.

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(1) The board shall establish annual supervisory fees to be paid by credit unions. Such fees shall defray, as far as practicable, the administrative, supervisory, examining, and other expenses of the annual examination.

(2) Any such fees established shall be in accordance with a graduated scale on the basis of assets and shall be payable annually.

HISTORY: 1996 Act No. 371, Section 1, eff May 29, 1996.


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