Current Status Introducing Body:
HouseBill Number: 4576Primary Sponsor: McLeodCommittee Number: 02Type of Legislation: GBSubject: Real estate mortgage, investment of bankResiding Body: SenateCurrent Committee: Banking and InsuranceComputer Document Number: PT/22364DW.94Introduced Date: 19940119Last History Body: SenateLast History Date: 19940505Last History Type: Introduced, read first time, referred to CommitteeScope of Legislation: StatewideAll Sponsors: McLeod LittlejohnType of Legislation: General Bill
Bill Body Date Action Description CMN Leg Involved ____ ______ ____________ ______________________________ ___ ____________ 4576 Senate 19940505 Introduced, read first time, 02 referred to Committee 4576 House 19940505 Read third time, sent to Senate 4576 House 19940504 Read second time 4576 House 19940420 Committee Report: Favorable 26 4576 House 19940119 Introduced, read first time, 26 referred to CommitteeView additional legislative information at the LPITS web site.
April 20, 1994
S. Printed 4/20/94--H.
Read the first time January 19, 1994.
To whom was referred a Bill (H. 4576), to repeal Section 34-13-130, Code of Laws of South Carolina, 1976, relating to the maximum investment of a Banking Corporation in real estate mortgages, etc., respectfully
That they have duly and carefully considered the same, and recommend that the same do pass:
THOMAS C. ALEXANDER, for Committee.
TO REPEAL SECTION 34-13-130, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE MAXIMUM INVESTMENT OF A BANKING CORPORATION IN REAL ESTATE MORTGAGES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 34-13-130 of the 1976 Code is repealed.
SECTION 2. This act takes effect upon approval by the Governor.