Section 34-30-1320. Investments in obligations issued and guaranteed by federal government.

SC Code § 34-30-1320 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

A state savings bank may invest in an obligation issued and fully guaranteed in principal and interest by the United States government or an instrumentality of the United States.

HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.