South Carolina § 35-11-800 Options available to Commissioner.

South Carolina Statutes

§ 35-11-800 — Options available to Commissioner.

South Carolina·Title 35 SECURITIES·Ch. 11 SOUTH CAROLINA UNIFORM MONEY SERVICES ACT

In order to carry out the purposes of this chapter, the Commissioner may, subject to the provisions of Section 35-11-530:

(1)enter into agreements or relationships with other governmental officials or federal and state regulatory agencies and regulatory associations in order to improve efficiencies and reduce regulatory burden by standardizing methods or procedures, and sharing resources, records, or related information obtained under this chapter;

(2)use, hire, contract, or employ analytical systems, methods, or software to examine or investigate any person subject to this chapter;

(3)accept, from other state or federal governmental agencies or officials, licensing, examination, or investigation reports made by such other state or federal governmental agencies or officials; and (4) acc

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In order to carry out the purposes of this chapter, the Commissioner may, subject to the provisions of Section 35-11-530: (1) enter into agreements or relationships with other governmental officials or federal and state regulatory agencies and regulatory associations in order to improve efficiencies and reduce regulatory burden by standardizing methods or procedures, and sharing resources, records, or related information obtained under this chapter; (2) use, hire, contract, or employ analytical systems, methods, or software to examine or investigate any person subject to this chapter; (3) accept, from other state or federal governmental agencies or officials, licensing, examination, or investigation reports made by such other state or federal governmental agencies or officials; and (4) accept audit reports made by an independent certified public accountant or other qualified third-party auditor for an applicant or licensee and incorporate the audit report in any report of examination or investigation.

South Carolina § 35-11-800 (Options available to Commissioner.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 2016 Act No. 266 (H.4554), SECTION 1, eff May 25, 2018; 2024 Act No. 218 (S.1031), SECTION 1, eff July 2, 2024. Effect of Amendment 2024 Act No. 218, SECTION 1, rewrote the section.