State Treasury deemed bank for federal purposes.

S.C. Code Ann. § 11-13-140
in effect
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For purposes of federal law or regulation relating to funds allotted to state agencies which include requirements relating to banking procedures, the State Treasury is deemed to meet the definition of a bank.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t11c013.phpFetched: 10/17/2026

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