South Carolina Statutes
§ 34-30-1030 — Fiduciary duties of officers and directors; duties of good faith, diligence, and care.
South Carolina § 34-30-1030
This text of South Carolina § 34-30-1030 (Fiduciary duties of officers and directors; duties of good faith, diligence, and care.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 34-30-1030 (2026).
Text
Officers and directors of a state savings bank shall act in a fiduciary capacity towards the state savings bank and its members or stockholders. They shall discharge duties of their respective positions in good faith, and with that diligence and care which ordinarily prudent persons would exercise under similar circumstances in like positions.
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Legislative History
HISTORY: 1997 Act No. 90, SECTION 1, eff June 10, 1997.
Nearby Sections
15
§ 34-30-10
Short title.§ 34-30-1000
Membership of mutual state savings banks.§ 34-30-1040
Conflict of interest.§ 34-30-1060
Annual meetings; notice.§ 34-30-1070
Special meetings; notice.§ 34-30-1080
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Bluebook (online)
South Carolina § 34-30-1030, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/30/34-30-1030.