Investments in certificates of deposit, time-insured deposits, savings accounts, demand deposits, or withdrawable accounts.

  1. Law
  2. South Carolina Code of Laws
  3. Banking, Financial Institutions and Money
  4. A State Savings Bank Charter In South Carolina
  5. Investments in certificates of deposit, time-insured deposits, savings accounts, demand deposits, or withdrawable accounts.

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A state savings bank may invest in certificates of deposit, time-insured deposits, savings accounts, demand deposits, or withdrawable accounts of any banks, associations, credit unions, or state savings banks as are approved by the board of directors of the savings bank.

HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.


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