South Carolina Code of Regulations
Chapter 15 State Board Of Financial Institutions

Article 1 Banking, Commercial Paper and Finance

15-1. Limitations and Restrictions on Purchase and Sale of Securities.

15-2. Limitations and Restrictions on Borrowing by Savings and Loan Institutions.

15-3. Approval of Security Purchases.

15-4. State Bank Dividends.

15-5. Investment of Surpluses.

15-6. Insurance and Fidelity Bond Protection.

15-7. Loans Secured by Real Estate Mortgages.

15-8. Published Reports of Condition, Savings and Loan.

15-9. Limitations and Restrictions on Loans, Savings and Loan.

15-10. Participation in RFC Loans.

15-11. Servicemen's Readjustment Act.

15-12. Reserve Accounts, Savings and Loan.

15-13. State Bank Forest Tract Loans.

15-14. Retention of Bank Records.

15-15. Bank Purchase and Sale of Federal Funds.

15-16. FHA Home Improvement Loans, Savings and Loan.

15-17. Federal 100 Percent Guaranteed Loans.

15-18. Brokered Deposit Funds.

15-19. Mobile Home Loans, Savings and Loan.

15-21. State Bank Investments, Fixed Assets.

15-22. Mergers, Savings and Loan Associations.

15-23. Home Improvement Loans, Savings and Loan.

15-24. Borrower's Preference Re Attorney and Insurance.

15-25. Purchase of Property for Future Expansion.

15-26. Disposition of Real Property of Banks.

15-27. Consolidated Report of Income and Expenses.

15-28. Income and Expense Statements Re Dividends.

15-29. Loans to Officers and Directors.

15-30. Individual Retirement Authority.

15-31. Graduated-payment and Reverse-annuity Mortgages.

15-32. Home Improvement Loans.

15-33. Loans Secured by Second Mortgages.

15-34. Variable Rate Mortgages.

15-35. Renegotiable Rate Mortgages.

15-36. Issuance of Credit Cards.

15-37. Negotiable Order of Withdrawal (NOW) Accounts.

15-38. Consumer Loans, Commercial Paper, and Corporate Debt Securities.

15-39. Trust powers.

15-39A. Mutual Capital Certificates.

15-39B. Adjustable-rate Mortgages.

15-39C. Adjustable Mortgage Loan Instruments.

15-39D. Non-interest Bearing Negotiable Order of Withdrawal (NINOW) Accounts by State-charted Savings and Loan Associations.

15-39E. First Mortgage Real Estate Loans by State-chartered Banks.

15-39F. Graduated Payment Adjustable Mortgage Loan Instruments by State-chartered Savings and Loan Associations.

15-39G. Balloon Payment and Reverse Annuity Mortgage Loans by State-chartered Savings and Loan Associations.

15-39H. Financial Institutions May Share in Ownership or Lease and Operation of Freestanding Automatic Teller Machine Branches.

15-39I. Personal Property Leasing by State-chartered Savings and Loan Associations.

15-39J. Personal Property Leasing by State-chartered Banks.

15-39K. Correspondent Activities by State-chartered Savings and Loan Associations.

15-39L. State-chartered Banks Purchasing Bank Acceptances.

15-39M. Terms and Conditions for State-chartered Savings and Loan Associations to Engage in Financial Options Trading.

15-39N. Terms and Conditions for State-chartered Savings and Loan Associations to make Home Mortgage Loans.

15-39O. State-chartered Savings and Loan Associations Authorized to Act as Depository and Fiscal Agent to the Government.

15-39P. State-chartered Savings and Loan Associations Authorized to Engage in Activities Authorized by the Federal Home Loan Bank Board.

15-39Q. Alternative Mortgage Consumer Loans.

15-39R. Regulatory Net Worth Requirements.

15-39S. Liquid Assets.

Article 2 Cooperative Credit Unions

15-40. Notice of Intention to Withdraw Shares.

15-41. Limitations and Restrictions on Real Estate Mortgages.

15-42. Authority to Engage in Activities Authorized for Federally Chartered Institutions.

15-43. Executive Committee.

15-44. Borrowing by Credit Unions.

15-45. Electronic Fund Transfers.

15-47. Merger Procedures for State Credit Unions.

15-48. Procedure for State Credit Unions to Use Share Drafts.

15-49. Leasing of Personal Property by State-chartered Credit Union

15-50. Declaration of Dividends by State-chartered Credit Unions.

15-51. Terms and Conditions for State-chartered Credit Union to Make ARM Loans.

15-52. Increase in Field of Membership.

Article 3 Consumer Finance Act Regulations

15-60. Consumer Finance Act.

15-61. Consumer Finance Charges.

15-63. Dollar Amount Changes.

Article 4 Mortgage Lending Act Regulations

15-64. Mortgage Lending.




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