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Session 109 - (1991-1992)Printer Friendly
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H*3712 (Rat #0227, Act #0156 of 1991) General Bill, By T.E. Huff
A Bill to amend Section 34-21-40, Code of Laws of South Carolina, 1976, relating to the requirement that funds received or held in a trust department awaiting investment or distribution must be secured to the trust department under certain conditions, so as to add a trust company as a fiduciary under this Section and clarify that a trust department or trust company may deposit funds in an affiliate bank.
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A Bill to amend Section 34-21-40, Code of Laws of South Carolina, 1976, relating to the requirement that funds received or held in a trust department awaiting investment or distribution must be secured to the trust department under certain conditions, so as to add a trust company as a fiduciary under this Section and clarify that a trust department or trust company may deposit funds in an affiliate bank.
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03/20/91 | House | Introduced and read first time HJ-45 |
03/20/91 | House | Referred to Committee on Judiciary HJ-45 |
04/24/91 | House | Recalled from Committee on Judiciary HJ-44 |
05/08/91 | House | Debate adjourned until Thursday, May 9, 1991 HJ-28 |
05/09/91 | House | Read second time HJ-20 |
05/09/91 | House | Unanimous consent for third reading on next legislative day HJ-21 |
05/10/91 | House | Read third time and sent to Senate HJ-1 |
05/14/91 | Senate | Introduced and read first time SJ-10 |
05/14/91 | Senate | Referred to Committee on Judiciary SJ-10 |
05/22/91 | Senate | Committee report: Favorable Judiciary SJ-12 |
06/05/91 | Senate | Read second time SJ-89 |
06/05/91 | Senate | Unanimous consent for third reading on next legislative day SJ-89 |
06/06/91 | Senate | Read third time and enrolled SJ-27 |
06/06/91 | Ratified R 227 | |
06/12/91 | Signed By Governor | |
06/12/91 | Effective date 06/12/91 | |
06/12/91 | Act No. 156 | |
06/25/91 | Copies available |