South Carolina § 34-33-10 "Banker's bank" defined.

South Carolina Statutes

§ 34-33-10 — "Banker's bank" defined.

South Carolina § 34-33-10

Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY

Ch. 33BANKER'S BANKS

This text of South Carolina § 34-33-10 ("Banker's bank" defined.) 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. § 34-33-10 (2026).

Text

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.

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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.