A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE STATE BOARD OF FINANCIAL INSTITUTIONS, RELATING TO RECORD RETENTION FOR CREDIT UNIONS, DESIGNATED AS

This bill is a joint resolution approving existing regulations from South Carolina's State Board of Financial Institutions regarding record retention for credit unions. It formally adopts Regulation Document Number 5285, which establishes specific requirements for how long state-chartered credit unions must keep financial records. The regulation applies directly to all credit unions chartered under South Carolina law. The resolution does not create new policy but approves rules that were previously proposed and published in the State Register.