Loans and lines of credit; establishment of written policies.

S.C. Code Ann. § 34-26-800
in effect
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A credit union may loan to members for such purposes and upon such conditions and by such means as the bylaws may provide. The board of directors shall establish written policies with respect to the granting of loans and the extending of lines of credit, including the terms, conditions, and acceptable forms of security.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t34c026.phpFetched: 10/17/2026

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