Current Status Bill Number:3153 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19950110 Primary Sponsor:Vaughn All Sponsors:Vaughn, Wofford, Littlejohn, Herdklotz, Allison, Wilder, Haskins, Davenport, Harvin, Kirsh, Cromer, Robinson, Stille, Waldrop, Walker, Shissias, Bailey, Meacham, Hutson, Cato, Simrill, Cain and Cotty Drafted Document Number:PT\1503DW.95 Companion Bill Number:3184, 3443 Residing Body:House Current Committee:Labor, Commerce and Industry Committee 26 HLCI Subject:Real estate mortgages
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ House 19950110 Introduced, read first time, 26 HLCI referred to Committee House 19941221 Prefiled, referred to Committee 26 HLCIView additional legislative information at the LPITS web site.
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 Section 34-13-130 of the 1976 Code is repealed.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.