Limitations on loans and investments in commercial loans.

S.C. Code Ann. § 34-30-1410
in effect
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Subject to rules or regulations that the board considers appropriate, a state savings bank may lend and invest no more than fifty percent of its total assets in commercial loans. A commercial loan is for business, commercial, corporate, and agricultural purposes.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t34c030.phpFetched: 10/17/2026

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