South Carolina Statutes
§ 34-28-330 — Savings and loan holding company acquisitions not requiring prior approval.
Without any prior approval of the Board, a Southern Region savings and loan holding company having a South Carolina association subsidiary may acquire a Southern Region savings and loan holding company that does not have a South Carolina association subsidiary, may acquire a Southern Region association that does not have any branch offices in South Carolina, or to the extent authorized by Section 34-28-350(1), may acquire an association or savings and loan holding company having association offices which are located outside the Southern Region. The Southern Region savings and loan holding company shall notify the Board at least thirty days prior to the consummation of the proposed transaction. The notification requirements of this section are satisfied by furnishing the Board with a copy o
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South Carolina § 34-28-330 (Savings and loan holding company acquisitions not requiring prior approval.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1985 Act No. 124, SECTION 1.
Nearby Sections
15
§ 34-28-10
Short title of Articles 1 through 10.§ 34-28-110
Name of an association.§ 34-28-140
Bylaws.§ 34-28-150
Opening for business.§ 34-28-210
Conversion of federal association into state-chartered association without change of business form.§ 34-28-220
Conversion of a state or federal mutual association to a state capital stock association.§ 34-28-230
Power to reorganize, merge, consolidate, or sell assets out of the ordinary course of business.§ 34-28-240
Voluntary supervisory stock conversions.