Skip to content

An Act to Amend Section 34-26-410, Code of Laws of South Carolina, 1976, Relating to the Powers of Credit Unions, So as to Provide That a Credit Union May Sell Certain Financial Instruments to Persons in the Field of Membership; to Amend Section 34-26-500, Relating to Membership in a Credit Union, So as to Provide the Procedure for a Credit Union to Serve New Community Groups and Underserved Communities; to Amend Section 34-26-640, Relating to Board Meetings, So as to Require the Board to Meet at Least Once Each Year and to Allow Participation Remotely in Certain Meetings; and to Amend Section 34-26-1020, Relating to Permissible Investments of Credit Union Funds, So as to Allow for an Investment in Certain Charitable Donation Accounts. - Ratified Title

It became law on May 31, 2018.

SC S 337 · Senate Bill · 2017-2018

Stage
Became law
Started in
Senate
Sponsors
4
Latest action
May 31, 2018

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    May 31, 2018

This bill passed and is now law.

Read the full text

What moved

Loading recorded actions…

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

Reporting that may mention this subject. Possible matches are labeled.

Loading coverage…

Where it goes next

Once a bill is decided, the questions are about what is done with it in South Carolina.

Work with this bill

AN ACT TO AMEND SECTION 34-26-410, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE POWERS OF CREDIT UNIONS, SO AS TO PROVIDE THAT A CREDIT UNION MAY SELL CERTAIN FINANCIAL INSTRUMENTS TO PERSONS IN THE FIELD OF MEMBERSHIP; TO AMEND SECTION 34-26-500, RELATING TO MEMBERSHIP IN A CREDIT UNION, SO AS TO PROVIDE THE PROCEDURE FOR A CREDIT UNION TO SERVE NEW COMMUNITY GROUPS AND UNDERSERVED COMMUNITIES; TO AMEND SECTION 34-26-640, RELATING TO BOARD MEETINGS, SO AS TO REQUIRE THE BOARD TO MEET AT LEAST ONCE EACH YEAR AND TO ALLOW PARTICIPATION REMOTELY IN CERTAIN MEETINGS; AND TO AMEND SECTION 34-26-1020, RELATING TO PERMISSIBLE INVESTMENTS OF CREDIT UNION FUNDS, SO AS TO ALLOW FOR AN INVESTMENT IN CERTAIN CHARITABLE DONATION ACCOUNTS. - ratified title | 52