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Session 106 - (1985-1986)Printer Friendly
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H*3826 (Rat #0521, Act #0470 of 1986) General Bill, By T.M. Burriss
A Bill to amend Section 34-21-210, as amended, Code of Laws of South Carolina, 1976, relating to definitions in regard to trust business, so as to include within the definition of "trust institution" any trust company authorized to act in a fiduciary capacity in this State and under the supervision of the Comptroller of the Currency of the United States, or the Federal Reserve System, or the State Board of Bank Control, and to add the definition of "affiliate"; to amend Section 34-21-220, relating to the collective investment of funds by a trust institution, so as to authorize the affiliate of a trust institution to invest in common trust funds which are maintained by the trust institution.-amended title
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A Bill to amend Section 34-21-210, as amended, Code of Laws of South Carolina, 1976, relating to definitions in regard to trust business, so as to include within the definition of "trust institution" any trust company authorized to act in a fiduciary capacity in this State and under the supervision of the Comptroller of the Currency of the United States, or the Federal Reserve System, or the State Board of Bank Control, and to add the definition of "affiliate"; to amend Section 34-21-220, relating to the collective investment of funds by a trust institution, so as to authorize the affiliate of a trust institution to invest in common trust funds which are maintained by the trust institution.-amended title
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04/15/86 | House | Introduced and read first time HJ-2352 |
04/15/86 | House | Referred to Committee on Labor, Commerce and Industry HJ-2352 |
05/07/86 | House | Committee report: Favorable with amendment Labor, Commerce and Industry HJ-2852 |
05/08/86 | House | Amended HJ-2935 |
05/08/86 | House | Read second time HJ-2936 |
05/09/86 | House | Read third time and sent to Senate HJ-2991 |
05/13/86 | Senate | Introduced, read first time, placed on calendar without reference SJ-2579 |
05/22/86 | Senate | Read second time SJ-2856 |
05/22/86 | Senate | Unanimous consent for third reading on next legislative day SJ-2856 |
05/23/86 | Senate | Read third time and enrolled SJ-3009 |
05/28/86 | Ratified R 521 | |
06/02/86 | Signed By Governor | |
06/02/86 | Effective date 06/02/86 | |
06/02/86 | Act No. 470 | |
06/09/86 | Copies available |