South Carolina General Assembly
108th Session, 1989-1990

Bill 1178

                    Current Status

Bill Number:               1178
Ratification Number:       396
Act Number                 692
Introducing Body:          Senate
Subject:                   To restore the charter of the American
                           Institute of Banking
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A692, R396, S1178)

AN ACT TO AUTHORIZE THE SECRETARY OF STATE TO RESTORE THE CHARTER OF THE AMERICAN INSTITUTE OF BANKING.

Be it enacted by the General Assembly of the State of South Carolina:

Charter restored

SECTION 1. Authority is granted to the Secretary of State to restore the charter of the American Institute of Banking, Columbia Chapter, upon payment to the South Carolina Tax Commission of taxes, penalties, and interest found to be due. The Secretary of State shall note the reinstatement upon the record of the original charter.

Time effective

SECTION 2. This act takes effect upon approval by the Governor.

Approved the 19th day of March, 1990.