South Carolina Statutes

§ 34-30-410 — Short form merger, consolidation, conversion, or combination merger and conversion.

South Carolina § 34-30-410
JurisdictionSouth Carolina
Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY
Ch. 30STATE SAVINGS BANK

This text of South Carolina § 34-30-410 (Short form merger, consolidation, conversion, or combination merger and conversion.) 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. § 34-30-410 (2026).

Text

Notwithstanding another provision of this chapter, to protect the public, including members, depositors, or stockholders of a state savings bank, the board, upon making a finding that a state savings bank is unable to operate in a safe and sound manner, may authorize or require a short form merger, consolidation, conversion, or combination merger and conversion of the state savings bank, or another transaction.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
South Carolina § 34-30-410, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/30/34-30-410.