Section 34-30-1360. Investments in stock of federal government sponsored enterprises.

SC Code § 34-30-1360 (2019) (N/A)
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A state savings bank may invest in stock or other evidences of indebtedness or obligations of the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, or other federal government sponsored enterprise, or its successor.

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