South Carolina Statutes

§ 11-13-140 — State Treasury deemed bank for federal purposes.

South Carolina·Title 11 PUBLIC FINANCE·Ch. 13 DEPOSIT OF STATE FUNDS
For purposes of federal law or regulation relating to funds allotted to state agencies which include requirements relating to banking procedures, the State Treasury is deemed to meet the definition of a bank.

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Legislative History

HISTORY: 2002 Act No. 356, SECTION 1, Part XI.E.

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