South Carolina Statutes
§ 34-9-100 — Issuance of capital notes or debentures.
South Carolina § 34-9-100
JurisdictionSouth Carolina
Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY
Ch. 9BANK CAPITAL AND CAPITAL STOCK
This text of South Carolina § 34-9-100 (Issuance of capital notes or debentures.) 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. § 34-9-100 (2026).
Text
With the approval of the Commissioner of Banking any banking institution may at any time, through action of its board of directors and without requiring any action of its stockholders, issue and sell its capital notes or debentures. Such capital notes or debentures shall be subordinate and subject to the claims of depositors and may be subordinated and subjected to the claims of other creditors.
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Legislative History
HISTORY: 1962 Code SECTION 8-151; 1952 Code SECTION 8-151; 1942 Code SECTION 7836; 1935 (39) 464.
Nearby Sections
12
§ 34-9-100
Issuance of capital notes or debentures.§ 34-9-130
Reserve requirements of state banks.§ 34-9-40
Minimum capital requirements.§ 34-9-70
Repealed.§ 34-9-80
Repealed.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 34-9-100, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/9/34-9-100.