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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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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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03/19/80 | Senate | Introduced, read first time, placed on calendar without reference SJ-99 |
04/10/80 | Senate | Read second time SJ-18 |
04/10/80 | Senate | Ordered to third reading with notice of amendments SJ-18 |
04/29/80 | Senate | Read third time and sent to House SJ-33 |
04/30/80 | House | Introduced and read first time HJ-2424 |
04/30/80 | House | Referred to Committee on Labor, Commerce and Industry HJ-2425 |
05/22/80 | House | Committee report: Favorable Labor, Commerce and Industry HJ-2991 |
05/27/80 | House | Read second time HJ-3208 |
05/28/80 | House | Read third time and enrolled HJ-3239 |
05/29/80 | Senate | 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 |