S*0981(Rat #0541, Act #0457 of 1980)  General Bill, By 
Senate Banking and Insurance
 A Bill to amend Section 34-3-320, Code of Laws of South Carolina, 1976,
 relating to examination of banks, depositories and building and loan
 associations so as to delete depositories, change building and loan
 associations to savings and loan associations and require that banks be
 examined at least once every eighteen months instead of twice annually and
 savings and loan associations be examined once every eighteen months instead
 of annually.-at

   03/19/80  Senate Introduced, read first time, placed on calendar
                     without reference SJ-99
   04/10/80  Senate Amended SJ-21
   04/10/80  Senate Read second time SJ-21
   04/10/80  Senate Ordered to third reading with notice of
                     amendments SJ-21
   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-2424
   05/22/80  House  Committee report: Favorable Labor, Commerce and
                     Industry HJ-2991
   05/27/80  House  Read second time HJ-3207
   05/28/80  House  Read third time and enrolled HJ-3239
   05/29/80  Senate Ratified R 541 SJ-83
   05/30/80         Signed By Governor
   05/30/80         Effective date 05/30/80
   05/30/80         Act No. 457
   06/17/80         Copies available

AN ACT TO AMEND SECTION 34-3-320, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EXAMINATION OF BANKS, DEPOSITORIES AND BUILDING AND LOAN ASSOCIATIONS, SO AS TO DELETE DEPOSITORIES, CHANGE BUILDING AND LOAN ASSOCIATIONS TO SAVINGS AND LOAN ASSOCIATIONS AND REQUIRE THAT BANKS BE EXAMINED AT LEAST ONCE EVERY EIGHTEEN MONTHS INSTEAD OF TWICE ANNUALLY AND SAVINGS AND LOAN ASSOCIATIONS BE EXAMINED ONCE EVERY EIGHTEEN MONTHS INSTEAD OF ANNUALLY.

Be it enacted by the General Assembly of the State of South Carolina:

Examination fees

Section 1. Section 34-3-320 of the 1976 Code is amended to read:

"Section 34-3-320. The State Board of Financial Institutions shall fix the examination fees of banks and savings and loan associations on a scale which will yield sufficient revenue to defray the entire expense of examinations for each bank and savings and loan association.

Provided, that the Board shall make at least one examination every eighteen months of all banks and savings and loan associations."

Time effective

Section 2. This act shall take effect upon approval by the

Governor.