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§ 34-33-60 — South Carolina Law | CourtGPT
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  6. § 34-33-60
South Carolina Legal Code

§ 34-33-60

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Notwithstanding any other provision of law, up to fifteen percent of the capital accounts of a bank may be invested in the capital stock of a banker's bank, except that no purchase of stock may result in acquisition of more than five percent of any class of voting securities of the banker's bank. HISTORY: 1985 Act No. 46 Section 6.