South Carolina General Assembly
110th Session, 1993-1994

Bill 3515


                    Current Status
Introducing Body:               House
Bill Number:                    3515
Ratification Number:            120
Act Number:                     62
Primary Sponsor:                Harvin
Type of Legislation:            GB
Subject:                        Legal holidays for banks
Date Bill Passed both Bodies:   19930429
Computer Document Number:       BBM/10145JM.93
Governor's Action:              S
Date of Governor's Action:      19930513
Introduced Date:                19930217
Last History Body:              ------
Last History Date:              19930513
Last History Type:              Act No. 62
Scope of Legislation:           Statewide
All Sponsors:                   Harvin
                                T.C. Alexander
Type of Legislation:            General Bill

History

Bill   Body    Date          Action Description              CMN  Leg Involved
----   ------  ------------  ------------------------------  ---  ------------
3515   ------  19930513      Act No. 62
3515   ------  19930513      Signed by Governor
3515   ------  19930511      Ratified R 120
3515   Senate  19930429      Read third time, enrolled for
                             ratification
3515   Senate  19930428      Read second time
3515   Senate  19930427      Recalled from Committee,        02
                             placed on Calendar
3515   Senate  19930420      Introduced, read first time,    02
                             referred to Committee
3515   House   19930415      Read third time, sent to
                             Senate
3515   House   19930414      Read second time
3515   House   19930407      Committee Report: Favorable     26
3515   House   19930217      Introduced, read first time,    26
                             referred to Committee
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A62, R120, H3515)

AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 53-5-55 SO AS TO PROVIDE FOR LEGAL HOLIDAYS FOR BANKS AND SAVINGS AND LOAN INSTITUTIONS; AND TO REPEAL SECTIONS 53-5-40 AND 53-5-50, RELATING TO HOLIDAYS FOR BANKS AND SAVINGS AND LOAN INSTITUTIONS.

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

Holidays for banks, savings and loan institutions

SECTION 1. The 1976 Code is amended by adding:

"Section 53-5-55. Notwithstanding any other provision of law, in South Carolina holidays for banks and savings and loan institutions shall be those holidays observed by the Federal Reserve Bank.

In addition to the holidays provided for in this section, the Governor may declare any other day or days of the year legal holidays for the institutions affected by this section whenever the Governor finds such additional holiday or holidays to be necessary or appropriate."

Repeal

SECTION 2. Sections 53-5-40 and 53-5-50 of the 1976 Code are repealed.

Time effective

SECTION 3. This act takes effect upon approval by the Governor.

Approved the 13th day of May, 1993.