South Carolina Statutes
§ 34-28-570 — Maximum loans to one borrower.
South Carolina § 34-28-570
JurisdictionSouth Carolina
Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY
Ch. 28SAVINGS ASSOCIATIONS
This text of South Carolina § 34-28-570 (Maximum loans to one borrower.) 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. § 34-28-570 (2026).
Text
An association may make a loan to one borrower up to the amount authorized by federal law or regulation for institutions insured by the Federal Savings and Loan Insurance Corporation, any successor thereto, or assignee federal agency established for the purpose of insuring savings accounts in associations.
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Legislative History
HISTORY: 1985 Act No. 124, SECTION 1. ARTICLE 7 Savings and Other Deposit Accounts
Nearby Sections
15
§ 34-28-10
Short title of Articles 1 through 10.§ 34-28-110
Name of an association.§ 34-28-140
Bylaws.§ 34-28-150
Opening for business.§ 34-28-210
Conversion of federal association into state-chartered association without change of business form.§ 34-28-220
Conversion of a state or federal mutual association to a state capital stock association.§ 34-28-230
Power to reorganize, merge, consolidate, or sell assets out of the ordinary course of business.§ 34-28-240
Voluntary supervisory stock conversions.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 34-28-570, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/28/34-28-570.