South Carolina H4147 mandates credit unions to display all member fees and charges prominently in their business and online.
South Carolina H4147 amends the state code to require credit unions to post all fees and charges that may be assessed against a member in a conspicuous place in their business and on their website, app, or any other electronic format they use. This act aims to ensure transparency and accessibility of fee information for credit union members. The amendment takes effect upon approval by the Governor.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.