South Carolina Statutes
§ 33-39-420 — Application for membership.
South Carolina·Title 33 CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS·Ch. 39 COUNTY BUSINESS DEVELOPMENT CORPORATIONS
Any financial institution may request membership in the corporation by making application to the board of directors on such form and in such manner as the board of directors may require, and the membership shall become effective upon acceptance of such application by the board.
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South Carolina § 33-39-420 (Application for membership.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 12-1242; 1960 (51) 1907.
Nearby Sections
15
§ 33-39-10
Definitions.§ 33-39-20
Deposit of funds.§ 33-39-210
Filing declaration of charter; contents.§ 33-39-240
Calling first meeting; organization; quorum.§ 33-39-250
Powers.§ 33-39-260
Amendment of charter.§ 33-39-30
Corporation shall not accept deposits.§ 33-39-420
Application for membership.§ 33-39-430
Duration of membership; withdrawal.§ 33-39-440
Powers of stockholders and members.