South Carolina Statutes
§ 34-3-320 — Examination fees; number of examinations annually.
The State Board of Financial Institutions shall fix the examination fees of banks and savings and loan associations on a scale which will yield sufficient revenue to defray the entire expense of examinations for each bank and savings and loan association. Provided, that the board shall make at least one examination every twenty-four months of all banks and savings and loan associations.
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Legislative History
HISTORY: 1962 Code SECTION 8-252; 1952 Code SECTION 8-252; 1942 Code SECTION 7829-5; 1936 (39) 1484, 1713; 1964 (53) 2069; 1980 Act No. 457; 1996 Act No. 329, SECTION 2, eff upon approval (became law without the Governor's signature on May 21, 1996). Effect of Amendment The 1996 amendment, in the last sentence, replaced "eighteen" with "twenty-four" preceding "months".
Nearby Sections
15
§ 34-3-210
General powers of banking corporation.§ 34-3-230
Directors may make and change bylaws.§ 34-3-240
Other powers of directors.§ 34-3-310
Examination of banks.§ 34-3-330
Federal examinations.