Conduct of business out-of-state by credit union; necessity of board approval.

S.C. Code Ann. § 34-26-380
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A credit union incorporated under this chapter may conduct business outside of this State, in other states, or territories where it is permitted to conduct business as a credit union. However, a credit union may not operate an out-of-state branch without first obtaining approval of the board.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t34c026.phpFetched: 10/17/2026

Starting a business in South Carolina? South Carolina LLC guide: costs and requirements