S 0187 General Bill, By M.T. Rose and Leventis
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 29-3-110 SO AS TO PROVIDE THAT ANY PERSON MAKING A FIRST MORTGAGE REAL ESTATE LOAN WHO REQUIRES THE BORROWER TO HAVE AN ESCROW ACCOUNT AS A CONDITION OF THE LOAN SHALL PAY INTEREST ON AT LEAST NINETY-FIVE PERCENT OF THE FUNDS IN THE ESCROW ACCOUNT AT THE SAME RATE AS CHARGED ON THE PRINCIPAL OF THE MORTGAGE.
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10/17/94	Senate	Prefiled
10/17/94	Senate	Referred to Committee on Banking and Insurance
01/10/95	Senate	Introduced and read first time SJ-65
01/10/95	Senate	Referred to Committee on Banking and Insurance SJ-65