South Carolina Statutes
§ 34-30-420 — Applications for permission to organize interim state savings banks; preliminary approval.
(A)Article 2 of this chapter does not apply to applications for permission to organize an interim state savings bank so long as the application is approved by the board.
(B)Preliminary approval of an application for permission to organize an interim state savings bank is conditional upon the board's approval of an application to merge the interim state savings bank and an existing stock state savings bank or on the board's approval of another transaction.
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South Carolina § 34-30-420 (Applications for permission to organize interim state savings banks; preliminary approval.) — 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. ARTICLE 4 Supervision
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
Quorum.