South Carolina Statutes
§ 34-30-1740 — State savings bank subscription in capital stock, membership in federal reserve bank; supervision and examination; disclosure of information.
South Carolina § 34-30-1740
This text of South Carolina § 34-30-1740 (State savings bank subscription in capital stock, membership in federal reserve bank; supervision and examination; disclosure of information.) 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. § 34-30-1740 (2026).
Text
A state savings bank may subscribe to the capital stock and become a member of a federal reserve bank. A state savings bank shall continue to be subject to the supervision and examination required by the laws of this State, except that the Federal Reserve Board shall have the right, if necessary, to make examinations. The board may disclose to the Federal Reserve Board, or to the examiners duly appointed by it, all information in reference to the affairs of a state savings bank that has become, or desires to become, a member of a federal reserve bank.
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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 § 34-30-1740, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/30/34-30-1740.