A credit union may accept deposits from members, other credit unions, and governmental units subject to the terms, rates, and conditions established by the board of directors.
S.C. Code Ann. § 34-26-720
Deposits
Applied in 1 court decision — leading case Samuels v. State (2004)
Most recently applied in Samuels v. State (January 2004)
1996 Act No. 371, SECTION 1, eff May 29, 1996.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.