South Carolina S0925 approves regulations for Non-interest Bearing Negotiable Order of Withdrawal (NINOW) Accounts by State-chartered Savings and.
South Carolina S0925 approves the regulations of the State Board of Financial Institutions concerning Non-interest Bearing Negotiable Order of Withdrawal (NINOW) Accounts by State-chartered Savings and Loan Associations. This approval is designated as Regulation Document Number 5393 and is submitted to the General Assembly. The regulation repeals R.15-39D, deemed unnecessary due to existing provisions in Section 34-28-500 of the South Carolina Code. This joint resolution takes effect upon approval by the Governor.
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