Bill Text: SC S0774 | 2023-2024 | 125th General Assembly | Introduced
Bill Title: State Board of Financial Institutions - Consumer Finance Division: JR to Approve Regulation Document No. 5142
Spectrum: Committee Bill
Status: (Introduced) 2023-05-10 - Recommitted to Committee on Banking and Insurance [S0774 Detail]
Download: South_Carolina-2023-S0774-Introduced.html
South Carolina General Assembly
125th Session, 2023-2024
Bill 774
Indicates Matter Stricken
Indicates New Matter
(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)
A JOINT RESOLUTION
TO APPROVE REGULATIONS OF THE State Board of Financial Institutions - Consumer Finance Division, RELATING TO Check-Cashing Service: Record-Keeping Requirements, DESIGNATED AS REGULATION DOCUMENT NUMBER 5142, 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: Record-Keeping Requirements, designated as Regulation Document Number 5142, 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 add R.15-67 to establish by regulation the records that a person required to be licensed under Chapter 41 must keep and maintain and the corresponding records retention period.
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 May 03, 2023 at 03:14 PM
