The provided legal document content pertains to the regulation of banker’s banks in South Carolina. It states that up to fifteen percent of a bank’s capital accounts may be invested in the capital stock of a banker’s bank, with a limitation that no purchase of stock may result in acquiring more than five percent of any class of voting securities of the banker’s bank. The State Board of Financial Institutions has the authority to exempt a banker’s bank from certain provisions of Title 34 of the 1976 Code if it determines that the exemption would not jeopardize the public welfare or any financial institution.

These legal documents, found in the South Carolina Code of Laws, pertain to the management of banks by conservators, the liquidation of insolvent banks, and the reorganization of banks under conservatorship. The documents outline the powers and duties of conservators, including the possession of bank assets, the conservation of bank assets, and the exercise of rights and obligations similar to receivers of insolvent banks. The documents also specify the process for liquidating a bank, subject to rules and regulations prescribed by the Board.

The provided legal document pertains to the reorganization and reopening of insolvent banks in South Carolina. It states that any bank placed in the hands of the State Board of Bank Control, except for banks that have been adjudged insolvent in court, may reopen and operate as a going banking institution with the consent of two-thirds of the depositors in number and amount holding deposits in excess of ten dollars. These depositors must agree in writing to an extension of payment of unsecured creditors for a period not exceeding five years.

The provided legal document content pertains to the regulation of bank capital and capital stock in the state of South Carolina. It outlines various requirements and provisions related to the capitalization of banking institutions. The document states that the term ‘capital’ includes outstanding capital notes and debentures issued by banking institutions. It further explains that the capital stock of a banking institution is considered unimpaired when the amount of capital notes and debentures represented by cash or sound assets exceeds the impairment determined by the Commissioner of Banking.

This legal document, part of the South Carolina Uniform Securities Act of 2005, governs civil liability, criminal penalties, and prohibited conduct in relation to the sale or purchase of securities. It applies to purchasers, sellers, and recipients of investment advice regarding securities. The document outlines conditions for maintaining an action under Section 35-1-509, including the offer of information about liability, purchaser’s rights, and necessary financial or other information to correct misrepresentations or omissions.

The South Carolina Anti-Money Laundering Act governs financial transactions involving the proceeds of unlawful activity. It applies to any person who conducts or attempts to conduct such a financial transaction with the intent to promote unlawful activity or to conceal the nature, location, sources, ownership, or control of the proceeds. The penalties for violation of this section vary based on the value of the transactions, ranging from Class F felony to Class C felony.

The provided legal document content pertains to the South Carolina Code of Laws, specifically the Commercial Code - Leases section. It governs lease contracts and applies to individuals and entities involved in lease contracts. The document addresses various aspects of lease contracts, including unconscionability, waiver or renunciation of claims, choice of law and judicial forum, compliance with certificate of title statutes, and conflicts between the Commercial Code and other statutes or decisions.

The provided legal document content pertains to the Commercial Code - Negotiable Instruments in the South Carolina Code of Laws. It covers various aspects related to negotiable instruments, such as drafts in a set, the effect of an instrument on the obligation for which it is given, notice to third parties, lost, destroyed, or stolen instruments, and instruments not payable to order or to bearer. The document does not specify any exemptions or penalties for non-compliance or violation of its provisions.

The provided legal document content covers various aspects of bank deposits and collections in South Carolina. It governs the responsibilities of presenting banks in case of dishonor of a documentary draft, including the authority to store, sell, or deal with the goods represented by the draft in a reasonable manner. The presenting bank also has a lien upon the goods or their proceeds to cover its reasonable expenses. The document outlines the obligations of presenting banks in case of dishonor, including seeking instructions, notifying the transferor, and providing the results of efforts to ascertain the reasons for dishonor.

This legal document governs the rights and obligations in funds transfers. It specifies that the rights and obligations between the sender of a payment order and the receiving bank are governed by the law of the jurisdiction where the receiving bank is located. Similarly, the rights and obligations between the beneficiary’s bank and the beneficiary are governed by the law of the jurisdiction where the beneficiary’s bank is located. The issue of when payment is made in a funds transfer is governed by the law of the jurisdiction where the beneficiary’s bank is located.