South Carolina Statutes

§ 34-30-370 — Voluntary dissolution of state savings banks.

South Carolina § 34-30-370
JurisdictionSouth Carolina
Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY
Ch. 30STATE SAVINGS BANK

This text of South Carolina § 34-30-370 (Voluntary dissolution of state savings banks.) 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. § 34-30-370 (2026).

Text

A state savings bank may be dissolved voluntarily by a majority vote of the board of directors when substantially all of the assets have been sold for the purpose of terminating the business of the savings bank and when a certificate of dissolution is recorded in the manner required by this chapter for the recording of articles of incorporation.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

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

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Carolina § 34-30-370, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/30/34-30-370.