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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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03/20/91House Introduced and read first time HJ-45
03/20/91House Referred to Committee on Judiciary HJ-45
04/24/91House Recalled from Committee on Judiciary HJ-44
05/08/91House Debate adjourned until Thursday, May 9, 1991 HJ-28
05/09/91House Read second time HJ-20
05/09/91House Unanimous consent for third reading on next legislative day HJ-21
05/10/91House Read third time and sent to Senate HJ-1
05/14/91Senate Introduced and read first time SJ-10
05/14/91Senate Referred to Committee on Judiciary SJ-10
05/22/91Senate Committee report: Favorable Judiciary SJ-12
06/05/91Senate Read second time SJ-89
06/05/91Senate Unanimous consent for third reading on next legislative day SJ-89
06/06/91Senate 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



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