South Carolina Statutes
§ 34-33-10 — "Banker's bank" defined.
As used in this chapter, "banker's bank" means a bank insured by the Federal Deposit Insurance Corporation or the holding company which owns or controls such an insured bank where the stock of the bank or holding company is owned exclusively by other banks and the bank or holding company and all its subsidiaries are engaged exclusively in providing services for other depository institutions, their officers, directors, and employees.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 34-33-10 ("Banker's bank" defined.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1985 Act No. 46 SECTION 1.
Nearby Sections
6
§ 34-33-10
"Banker's bank" defined.§ 34-33-20
Formation of corporation.§ 34-33-40
Repurchase of capital stock.§ 34-33-50
Exemption from banking laws.