South Carolina Statutes
§ 34-33-60 — Limitation on investments in banker's banks.
South Carolina § 34-33-60
This text of South Carolina § 34-33-60 (Limitation on investments in banker's banks.) 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. § 34-33-60 (2026).
Text
Notwithstanding any other provision of law, up to fifteen percent of the capital accounts of a bank may be invested in the capital stock of a banker's bank, except that no purchase of stock may result in acquisition of more than five percent of any class of voting securities of the banker's bank.
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Legislative History
HISTORY: 1985 Act No. 46 SECTION 6.
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.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 34-33-60, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/33/34-33-60.