South Carolina Statutes

§ 34-25-290 — Enforcement.

South Carolina § 34-25-290
JurisdictionSouth Carolina
Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY
Ch. 25SOUTH CAROLINA BANKING AND BRANCHING EFFICIENCY ACT

This text of South Carolina § 34-25-290 (Enforcement.) 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. § 34-25-290 (2026).

Text

If the board determines that a branch maintained by an out-of-state state bank in this State is being operated in violation of any provision of the laws of this State, or that such branch is being operated in an unsafe and unsound manner, the board shall have the authority to take all such enforcement actions as it would be empowered to take if the branch were a South Carolina state bank; provided that the board promptly shall give notice to the home state regulator of each enforcement action taken against an out-of-state state bank and, to the extent practicable, shall consult and cooperate with the home state regulator in pursuing and resolving the enforcement action.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
South Carolina § 34-25-290, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/25/34-25-290.