Home/South Carolina/Statutes/Title 34: BANKING, FINANCIAL INSTITUTIONS AND MONEY/Ch. 30: STATE SAVINGS BANK/§ 34-30-1270
South Carolina Statutes

§ 34-30-1270 — Stringency of rules or regulations.

South Carolina·Title 34 BANKING, FINANCIAL INSTITUTIONS AND MONEY·Ch. 30 STATE SAVINGS BANK
The board may adopt rules or regulations no less stringent than the requirements of the appropriate federal regulatory authority to govern the making of loans to officers and directors, and their associates, and companies or other business entities controlled by them.

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South Carolina § 34-30-1270 (Stringency of rules or regulations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1997 Act No. 90, SECTION 1, eff June 10, 1997.

Nearby Sections

15
§ 34-30-10
Short title.
§ 34-30-100
Mutual state savings banks, stock state savings banks; approval of application; minimum pledges, adjustment, considerations.
§ 34-30-1000
Membership of mutual state savings banks.
§ 34-30-1010
Bank directors; election; terms; weighted voting; voting rights; election of stock savings bank directors; terms; ownership interest; number of directors; vacancies; restrictions.
§ 34-30-1020
Bylaws and amendments; certification; effective date; amendment.
§ 34-30-1030
Fiduciary duties of officers and directors; duties of good faith, diligence, and care.
§ 34-30-1040
Conflict of interest.
§ 34-30-1050
Voting rights; production of books of record; majority determination of questions.
§ 34-30-1060
Annual meetings; notice.
§ 34-30-1070
Special meetings; notice.
§ 34-30-1080
Quorum.
§ 34-30-1090
Blanket indemnity bond; bonding of agents; settlement; cancellation.
§ 34-30-110
Incomplete applications; time for approval or rejection of completed applications.
§ 34-30-1100
Exemption of directors or officers from personal liability; limitations; breach of duty of loyalty defined.
§ 34-30-120
Approval or disapproval of application; order; filing of articles; corporate existence; certificate of authorization, commencement of business; limitation on ownership or control.
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