S.C. Code § 34-30-420
Applications for permission to organize interim state savings banks; preliminary approval
South Carolina · South Carolina Code Title 34, Chapter 30 — State Savings Bank · Status: effective
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- Citation
- S.C. Code § 34-30-420, Applications for permission to organize interim state savings banks; preliminary approval, South Carolina, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1577594
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Full text
(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.