South Carolina Legislature


Session 103 - (1979-1980)Printer Friendly
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S*0982 (Rat #0540, Act #0456 of 1980) General Bill, By Senate Banking and Insurance
    A Bill to amend Section 34-9-130, Code of Laws of South Carolina, 1976, relating to the capital and surplus reserve requirements of banks and banking institutions so as to require such institutions to maintain minimum deposits of cash, cash items in process of collection or cash in other banks of three percent time deposits and seven percent demand deposits averaged over ten working days instead of being required to maintain such cash items and minimum depoists at all times.
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03/19/80Senate Introduced, read first time, placed on calendar without reference SJ-99
04/10/80Senate Read second time SJ-18
04/10/80Senate Ordered to third reading with notice of amendments SJ-18
04/29/80Senate Read third time and sent to House SJ-33
04/30/80House Introduced and read first time HJ-2424
04/30/80House Referred to Committee on Labor, Commerce and Industry HJ-2425
05/22/80House Committee report: Favorable Labor, Commerce and Industry HJ-2991
05/27/80House Read second time HJ-3208
05/28/80House Read third time and enrolled HJ-3239
05/29/80Senate Ratified R 540 SJ-82
05/30/80 Signed By Governor
05/30/80 Effective date 05/30/80
05/30/80 Act No. 456
06/17/80 Copies available

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