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Session 107 - (1987-1988)Printer Friendly
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H*2449 (Rat #0146, Act #0106 of 1987) General Bill, By T.M. Burriss
A Bill to amend Chapter 29 of Title 21, Code of Laws of South Carolina, 1976, relating to trustees, by adding Section 21-29-90 so as to define an "affiliated trust company", authorize any bank to designate an affiliated trust company as its agent for the performance of all acts, obligations, and responsibilities of the bank with respect to any fiduciary or other services generally rendered by bank trust departments, and provide that the bank is fully responsible and liable for all actions of the trust company and to prohibit certain acts in the agency relationship.-amended title
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A Bill to amend Chapter 29 of Title 21, Code of Laws of South Carolina, 1976, relating to trustees, by adding Section 21-29-90 so as to define an "affiliated trust company", authorize any bank to designate an affiliated trust company as its agent for the performance of all acts, obligations, and responsibilities of the bank with respect to any fiduciary or other services generally rendered by bank trust departments, and provide that the bank is fully responsible and liable for all actions of the trust company and to prohibit certain acts in the agency relationship.-amended title
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02/11/87 | House | Introduced and read first time HJ-487 |
02/11/87 | House | Referred to Committee on Labor, Commerce and Industry HJ-487 |
02/25/87 | House | Committee report: Favorable Labor, Commerce and Industry HJ-709 |
03/03/87 | House | Read second time HJ-812 |
03/04/87 | House | Read third time and sent to Senate HJ-837 |
03/05/87 | Senate | Introduced and read first time SJ-789 |
03/05/87 | Senate | Referred to Committee on Banking and Insurance SJ-78 |
03/26/87 | Senate | Committee report: Favorable Banking and Insurance SJ-1061 |
03/31/87 | Senate | Read second time SJ-1091 |
04/21/87 | Senate | Amended SJ-1412 |
04/21/87 | Senate | Read third time SJ-1412 |
04/21/87 | Senate | Returned SJ-1412 |
04/23/87 | House | Senate amendment amended HJ-2154 |
04/23/87 | House | Returned HJ-2154 |
04/28/87 | Senate | Concurred in House amendment and enrolled SJ-1533 |
05/12/87 | Ratified R 146 | |
05/14/87 | Signed By Governor | |
05/14/87 | Effective date 07/01/87 | |
05/14/87 | Act No. 106 | |
06/03/87 | Copies available |