The State Board of Financial Institutions is directed to conduct an annual study as to the capital reserve position of all financial institutions and intermediaries subject to its supervision and to report its findings to the General Assembly, including recommended legislation, if any, in its annual report to the General Assembly.
S.C. Code Ann. § 34-1-130
Study of capital reserve position of financial institutions; report
1985 Act No. 124; 1985 Act No. 201, Part II, SECTION 73.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.