Reference is to Printer's Date 05/27/15-S.
Amend the bill, as and if amended, Section 34-45-20(1), as contained in SECTION 1, page 2, by deleting the item in its entirety and inserting:
/ (1) 'Appropriate state or federal regulatory agency of a financial institution' means the South Carolina State Board of Financial Institutions, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Federal Reserve System, the National Credit Union Administration, or other state or federal regulatory agency that is statutorily responsible for the supervision of all or part of the operations of a participating financial institution. Nothing in this chapter prohibits financial institutions that are under supervision of these state and federal regulatory agencies from participating in prize linked savings programs with other state or federally regulated financial institutions. /
Renumber sections to conform.
Amend title to conform.