Bill Text: SC S0711 | 2023-2024 | 125th General Assembly | Draft
Bill Title: Board of Financial Institutions - Consumer Finance Division - JR to Approve Reg Doc No. 5140
Spectrum: Committee Bill
Status: (Introduced) 2024-01-10 - Recommitted to Committee on Banking and Insurance [S0711 Detail]
Download: South_Carolina-2023-S0711-Draft.html
South Carolina General Assembly
125th Session, 2023-2024
(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)
Introduced
April 11, 2023
S. 711
Introduced by Banking and Insurance Committee
S. Printed 04/11/23--S.
Read the first time April 11, 2023
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A JOINT RESOLUTION
TO APPROVE REGULATIONS OF THE STATE Board of Financial Institutions - Consumer Finance Division, RELATING TO Check-Cashing Service, DESIGNATED AS REGULATION DOCUMENT NUMBER 5140, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE SOUTH CAROLINA CODE OF LAWS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The regulations of the State Board of Financial Institutions - Consumer Finance Division, relating to Check-Cashing Service, designated as Regulation Document Number 5140, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the S.C. Code, are approved.
SECTION 2. This joint resolution takes effect upon approval by the Governor.
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SUMMARY AS SUBMITTED
BY PROMULGATING AGENCY.
The State Board of Financial Institutions (Board) seeks to amend R.15-65 and add R.15-66 regarding the use of the Nationwide Multistate Licensing System (NMLS) for check-cashing applications, renewals, and other filings and to pay all fees and costs.
The Notice of Drafting was published in the State Register on August 26, 2022.
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This web page was last updated on April 11, 2023 at 02:44 PM
