South Carolina Code of Regulations
Chapter 15 - STATE BOARD OF FINANCIAL INSTITUTIONS CONSUMER FINANCE DIVISION
Article 1 - BANKING, COMMERCIAL PAPER AND FINANCE
Section 15-18 - Brokered Deposit Funds

Universal Citation: SC Code Regs 15-18
Current through Register Vol. 47, No. 12, December 22, 2023

State chartered banks are hereby prohibited from accepting brokered deposit funds where tie-in loans are required to be made as a condition for the deposit of such funds.

Statutory Authority: 1976 Code Section 34-1-60

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