South Carolina Code of Regulations
Chapter 15 - STATE BOARD OF FINANCIAL INSTITUTIONS CONSUMER FINANCE DIVISION
Article 1 - BANKING, COMMERCIAL PAPER AND FINANCE
Section 15-39R - Regulatory Net Worth Requirements
Universal Citation: SC Code Regs 15-39R
Current through Register Vol. 47, No. 12, December 22, 2023
All associations, as defined in Section 34-28-30(2) shall maintain, as a minimum, the regulatory net worth requirements that apply to all FSLIC insured associations.
The calculations and additions (if any) for regulatory net worth shall be reported to the Board within 20 Calendar days after the end of the preceding calendar quarter.
Added by State Register Volume 10, Issue No. 5, eff May 23, 1986.
Statutory Authority: 1976 Code Sections 34-1-60, 34-1-110
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