South Carolina Legislature


Session 103 - (1979-1980)Printer Friendly
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H*3792 (Rat #0491, Act #0421 of 1980) General Bill, By  House Labor, Commerce and Industry
    A Bill to amend Sections 34-27-40 and 34-27-270, Code of Laws of South Carolina, 1976, relating to the incorporation of State Chartered Credit Unions and the conversion of Federal Credit Unions to State Chartered Credit Unions so as to provide that Federal Credit Unions which convert to State Chartered Credit Unions may retain their membership existing at the time of conversion but shall thereafter be limited by state requirements of a common bond of employment or association; and to provide additional procedures by the Board of Financial Institutions to assure the proper financial condition of any Federal Credit Union seeking a State Charter.
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04/09/80House Introduced, read first time, placed on calendar without reference HJ-1937
04/15/80House Read second time HJ-2071
04/16/80House Read third time and sent to Senate HJ-2105
04/16/80Senate Introduced and read first time SJ-35
04/16/80Senate Referred to Committee on Banking and Insurance SJ-35
04/24/80Senate Committee report: Favorable Banking and Insurance SJ-12
05/01/80Senate Read second time SJ-31
05/07/80Senate Read third time and enrolled SJ-12
05/14/80House Ratified R 491 HJ-2838
05/19/80 Signed By Governor
05/19/80 Effective date 05/19/80
05/19/80 Act No. 421
06/03/80 Copies available

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