Current Status Bill Number:
4446Ratification Number: 455Act Number: 331Type of Legislation: General Bill GBIntroducing Body: HouseIntroduced Date: 19980120Primary Sponsor: GambleAll Sponsors: Gamble, KnottsDrafted Document Number: dka\4737mm.98Date Bill Passed both Bodies: 19980527Date of Last Amendment: 19980428Governor's Action: SDate of Governor's Action: 19980609Subject: Educational loan or banking records, reproduction of as evidence; Banks and Savings and Loan Associations; Courts
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ ------ 19980617 Act No. A331 ------ 19980609 Signed by Governor ------ 19980604 Ratified R455 Senate 19980527 Read third time, enrolled for ratification Senate 19980526 Read second time Senate 19980519 Polled out of Committee: 02 SBI Without report Senate 19980430 Introduced, read first time, 02 SBI referred to Committee House 19980429 Read third time, sent to Senate House 19980428 Amended, read second time House 19980423 Co-Sponsor added (Rule 5.2) by Rep. Knotts House 19980422 Committee report: Favorable with 25 HJ amendment House 19980120 Introduced, read first time, 25 HJ referred to CommitteeView additional legislative information at the LPITS web site.
(A331, R455, H4446)
AN ACT TO AMEND SECTION 34-3-540, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO COPIES AND REPRODUCTIONS OF BANKING OR EDUCATIONAL LOAN RECORDS AND THEIR ADMISSIBILITY INTO EVIDENCE, SO AS TO PROVIDE FOR THE ADMISSIBILITY OF A REPRODUCTION IF THE ORIGINAL WOULD HAVE BEEN A BUSINESS RECORD FOR PURPOSES OF ADMISSIBILITY.
Be it enacted by the General Assembly of the State of South Carolina:
Admissibility of copies of loan records
SECTION 1. Section 34-3-540 of the 1976 Code, as last amended by Act 132 of 1995, is further amended to read:
Section 34-3-540. (A) Any corporation, institution, or association whose deposits are insured by the federal government or an agency or a nonprofit corporation that has been designated by the State to originate or hold educational loans made to or on behalf of students may cause promissory notes, checks, drafts, and records kept by the corporation, institution, association, or agency to be copied or reproduced by:
(1) photostatic, photographic, or microfilming process; or
(2) electronic graphic imaging through scanning, digitizing, or other means.
(B) These processes or means must correctly copy, reproduce, or form a medium for copying or reproducing the original record so that an accurate facsimile of the original can be printed or otherwise reproduced on paper, film, or similar medium. The reproduction is considered an original record for all purposes and must be treated as an original record in all courts or administrative agencies for the purpose of its admissibility into evidence, regardless of whether the institution retains or disposes of the original, provided that the original document otherwise qualified as a business record pursuant to the South Carolina Uniform Business Records as Evidence Act or the appropriate state or federal rules of evidence.
SECTION 2. This act takes effect upon approval by the Governor.
Approved the 9th day of June, 1998.