South Carolina Statutes
§ 34-45-30 — Savings promotion contests authorized.
A financial institution authorized to do business in South Carolina under federal or state law, subject to the supervision of the appropriate state or federal regulatory agency of the participating financial institution, may conduct a savings promotion contest in accordance with the provisions of this chapter and this title for the purposes of encouraging its depositors to maintain savings accounts and to increase personal savings.
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Legislative History
HISTORY: 2016 Act No. 203 (S.652), SECTION 1, eff June 3, 2016.
Nearby Sections
6
§ 34-45-10
Legislative findings.§ 34-45-20
Definitions.§ 34-45-30
Savings promotion contests authorized.§ 34-45-50
Cease and desist orders.