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Session 108 - (1989-1990)Printer Friendly
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H*3882 (Rat #0348, Act #0327 of 1990) General Bill, By R.N. McLellan
A Bill to amend Section 11-13-60, Code of Laws of South Carolina, 1976, relating to the use of an indemnity bond or collateral to ensure state deposits, so as to require that when the State Treasurer deposits state funds in excess of the insurance coverage with a bank or savings and loan association, it shall furnish an indemnity bond in an amount sufficient to protect the State against loss in the event of insolvency or liquidation, or pledge other types of collateral; and to repeal Section 11-13-50 relating to the requirement that an indemnity bond is required of a bank or trust company which is made a state depository.
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A Bill to amend Section 11-13-60, Code of Laws of South Carolina, 1976, relating to the use of an indemnity bond or collateral to ensure state deposits, so as to require that when the State Treasurer deposits state funds in excess of the insurance coverage with a bank or savings and loan association, it shall furnish an indemnity bond in an amount sufficient to protect the State against loss in the event of insolvency or liquidation, or pledge other types of collateral; and to repeal Section 11-13-50 relating to the requirement that an indemnity bond is required of a bank or trust company which is made a state depository.
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04/13/89 | House | Introduced and read first time HJ-11 |
04/13/89 | House | Referred to Committee on Ways and Means HJ-11 |
01/10/90 | House | Committee report: Favorable with amendment Ways and Means HJ-19 |
01/24/90 | House | Amended HJ-44 |
01/24/90 | House | Read second time HJ-45 |
01/25/90 | House | Read third time and sent to Senate HJ-7 |
01/25/90 | Senate | Introduced, read first time, placed on calendar without reference SJ-13 |
02/01/90 | Senate | Amended SJ-26 |
02/01/90 | Senate | Read second time SJ-28 |
02/06/90 | Senate | Read third time and returned to House with amendments SJ-23 |
02/08/90 | House | Concurred in Senate amendment and enrolled HJ-22 |
02/15/90 | Ratified R 348 | |
02/21/90 | Signed By Governor | |
02/21/90 | Effective date 02/21/90 | |
02/21/90 | Act No. 327 | |
02/27/90 | Copies available |