South Carolina § 34-1-220 Delegations to the Commissioner of Banking.

South Carolina Statutes

§ 34-1-220 — Delegations to the Commissioner of Banking.

South Carolina·Title 34 BANKING, FINANCIAL INSTITUTIONS AND MONEY·Ch. 1 STATE BOARD OF FINANCIAL INSTITUTIONS

For purposes of the provisions of this chapter, the board may delegate to the Commissioner of Banking its authority to receive applications, develop necessary forms, issue certificates or correspondence on behalf of the board, conduct examinations, request additional information or documentation from applicants, approve articles of incorporation, and establish capital requirements and other standards for the safety and soundness of bank operations. Any such delegation may be revoked by the board at any time.

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For purposes of the provisions of this chapter, the board may delegate to the Commissioner of Banking its authority to receive applications, develop necessary forms, issue certificates or correspondence on behalf of the board, conduct examinations, request additional information or documentation from applicants, approve articles of incorporation, and establish capital requirements and other standards for the safety and soundness of bank operations. Any such delegation may be revoked by the board at any time.

South Carolina § 34-1-220 (Delegations to the Commissioner of Banking.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.