South Carolina Statutes

§ 34-25-220 — Definitions.

South Carolina § 34-25-220
JurisdictionSouth Carolina
Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY
Ch. 25SOUTH CAROLINA BANKING AND BRANCHING EFFICIENCY ACT

This text of South Carolina § 34-25-220 (Definitions.) 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. § 34-25-220 (2026).

Text

For purposes of this article:

(1)"Bank" has the meaning set forth in 12 U.S.C. Section 1813. However, the term "bank" shall not include any "foreign bank" as defined in 12 U.S.C. Section 3101(7), except that this term shall include any foreign bank organized under the laws of a territory of the United States, Puerto Rico, Guam, American Samoa or the Virgin Islands, the deposits of which are insured by the Federal Deposit Insurance Corporation.
(2)"Bank holding company" has the meaning set forth in 12 U.S.C. Section 1841(a)(1).
(3)"Bank supervisory agency" means:
(a)any agency of another state with primary responsibility for chartering and supervising banks; and (b) the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Board of Governors of the Fe

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Related

§ 1813
12 U.S.C. § 1813
§ 3101
12 U.S.C. § 3101
§ 1841
12 U.S.C. § 1841
§ 3103
12 U.S.C. § 3103

Legislative History

HISTORY: 1996 Act No. 310, SECTION 2, eff July 1, 1996.

Nearby Sections

15
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Bluebook (online)
South Carolina § 34-25-220, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/25/34-25-220.