Banks organized under the laws of a foreign government may transact a banking business in the State, if approved by the Board of Financial Institutions after full investigation and hearing.
S.C. Code Ann. § 34-3-100
Transaction of business in State by foreign bank
1978 Act No. 644 Part II SECTION 25.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.