South Carolina § 31-19-10 Financial institutions authorized to make loans eligible for Federal housing insurance.

South Carolina Statutes

§ 31-19-10 — Financial institutions authorized to make loans eligible for Federal housing insurance.

South Carolina § 31-19-10

Title 31HOUSING AND REDEVELOPMENT

Ch. 19INVESTMENTS IN HOUSING OBLIGATIONS

This text of South Carolina § 31-19-10 (Financial institutions authorized to make loans eligible for Federal housing insurance.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 31-19-10 (2026).

Text

Banks, savings banks, trust companies, insurance companies, Federal Housing Administration approved mortgagees and other financial institutions subject to the laws of this State may:

(1)Make such loans and advances of credit as are eligible for insurance by the Federal Housing Administrator and obtain such insurance;

(2)Make such loans, secured by real property or leasehold, as the Federal Housing Administrator insures or makes commitment to insure and obtain such insurance;

(3)Make such loans as are fully guaranteed by any Federal agency under the provisions of Title III of the Servicemen's Readjustment Act of 1944 or any amendment thereto; and (4) Make such loans as are partially guaranteed under the provisions of Title III of Servicemen's Readjustment Act of 1944 or any amendment the

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Banks, savings banks, trust companies, insurance companies, Federal Housing Administration approved mortgagees and other financial institutions subject to the laws of this State may: (1) Make such loans and advances of credit as are eligible for insurance by the Federal Housing Administrator and obtain such insurance; (2) Make such loans, secured by real property or leasehold, as the Federal Housing Administrator insures or makes commitment to insure and obtain such insurance; (3) Make such loans as are fully guaranteed by any Federal agency under the provisions of Title III of the Servicemen's Readjustment Act of 1944 or any amendment thereto; and (4) Make such loans as are partially guaranteed under the provisions of Title III of Servicemen's Readjustment Act of 1944 or any amendment thereto, but only as may be permitted by regulations of the State Board of Bank Control.