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S.C. Code Ann. § 34-26-270

Fees to defray administration, supervision, examination, and other expenses of annual examination of credit union

1996 Act No. 371, SECTION 1, eff May 29, 1996.

(1) The board shall establish annual supervisory fees to be paid by credit unions. Such fees shall defray, as far as practicable, the administrative, supervisory, examining, and other expenses of the annual examination.

(2) Any such fees established shall be in accordance with a graduated scale on the basis of assets and shall be payable annually.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.