South Carolina Code — 34
Browse 540 sections in division 34 of the South Carolina code. Each section page includes the full statutory text, official source links, and citation guidance.
Sections (showing up to 300)
- § 34-1-10. Definitions.
- § 34-1-20. Appointment of members.
- § 34-1-30. Terms of members; vacancies.
- § 34-1-40. Expenses of members.
- § 34-1-50. Office space.
- § 34-1-60. Powers.
- § 34-1-70. Repealed.
- § 34-1-80. Examining department; Commissioner of Banking.
- § 34-1-90. Commissioner of Banking shall report criminal violations to Board.
- § 34-1-100. Initiation of criminal prosecutions.
- § 34-1-110. Authority for state-chartered banks, savings and loan associations, and credit unions, and licensed consumer finance companies to engage in certain activities.
- § 34-1-120. Penalties for obstructing Commissioner of Banking.
- § 34-1-130. Study of capital reserve position of financial institutions; report.
- § 34-1-140. State preemption of lender regulation.
- § 34-1-150. Requirements for applicant seeking permission to organize a bank.
- § 34-1-160. Authorization of organization of proposed bank; articles of incorporation.
- § 34-1-170. Requirements for articles of incorporation of proposed bank.
- § 34-1-180. Requirements for board to approve a charter for proposed bank.
- § 34-1-190. Decisions to uphold or overturn denial of applications; time limits; evidence; hearings; appeals.
- § 34-1-200. Requirements for issuing a bank charter; revocation of charter; appeals; dissolution and liquidation.
- § 34-1-210. Remote service unit not considered a branch of a bank.
- § 34-1-220. Delegations to the Commissioner of Banking.
- § 34-3-10. Use of "bank" or "banking" by other than banking institutions.
- § 34-3-20. Provisions not applicable to national banks.
- § 34-3-30. Certain parts of bank charters repealed.
- § 34-3-40. Shares of stock requisite for eligibility as bank director.
- § 34-3-50. Officers and employees must be bonded.
- § 34-3-60. Repealed.
- § 34-3-65. Opening of deposit accounts at special events; conditions.
- § 34-3-70. False statements concerning solvency of bank.
- § 34-3-80. Criminal liability of bank official furnishing false certificate to Comptroller General.
- § 34-3-90. Penalties.
- § 34-3-100. Transaction of business in State by foreign bank.
- § 34-3-110. Crimes against a federally chartered or insured financial institution.
- § 34-3-210. General powers of banking corporation.
- § 34-3-220. Acceptance of drafts and bills of exchange.
- § 34-3-230. Directors may make and change bylaws.
- § 34-3-240. Other powers of directors.
- § 34-3-250. Association with national reserve association.
- § 34-3-260. Transaction of business by wholly-owned subsidiary of state bank or trust company.
- § 34-3-310. Examination of banks.
- § 34-3-320. Examination fees; number of examinations annually.
- § 34-3-330. Federal examinations.
- § 34-3-340. Reports and examinations by Federal Deposit Insurance Corporation.
- § 34-3-350. Directors shall review reports of examinations.
- § 34-3-360. Form of notice to chief executive.
- § 34-3-370. Form of report to Commissioner of Banking.
- § 34-3-380. Report of condition.
- § 34-3-420. Statement shall be sent to Board; failure to report.
- § 34-3-510. Records must be retained.
- § 34-3-520. Regulations classifying records.
- § 34-3-530. Destruction of records.
- § 34-3-540. Copies and reproductions of bank records; admissibility in evidence.
- § 34-3-550. Application of article.
- § 34-3-610. "Banking institution" defined.
- § 34-3-620. Relationship with Federal Deposit Insurance Corporation generally.
- § 34-3-630. Federal Deposit Insurance Corporation as receiver or liquidator.
- § 34-3-640. Assets pass to Federal Deposit Insurance Corporation on appointment as receiver of liquidator.
- § 34-3-650. Federal Deposit Insurance Corporation subrogated to rights of depositors paid by it.
- § 34-3-660. Closed institutions may borrow or sell assets to Federal Deposit Insurance Corporation.
- § 34-3-810. National bank may become state bank; procedure.
- § 34-3-820. Time corporate existence as state bank commences.
- § 34-3-830. Transfer of assets, property, and rights of national or state bank.
- § 34-3-840. Directors and organization.
- § 34-3-850. Consolidation or merger of banks and trust companies.
- § 34-5-10. "Bank" defined.
- § 34-5-20. Appointment of conservator of a bank.
- § 34-5-30. Federal Deposit Insurance Corporation as conservator.
- § 34-5-40. Persons who may not be conservators.
- § 34-5-50. Powers of conservator; rights of other persons.
- § 34-5-60. Expenses of conservator; attorney.
- § 34-5-70. Withdrawal of deposits and payment of creditors.
- § 34-5-80. Receipt of deposits.
- § 34-5-90. Conservators may borrow to pay dividends or to reopen.
- § 34-5-100. Termination of conservatorship.
- § 34-5-110. Reorganization of bank.
- § 34-5-120. Publication of notice of reorganization.
- § 34-5-130. Effect of reorganization.
- § 34-5-140. Segregation and use under Section 34-5-80 of deposits not required after termination of conservatorship.
- § 34-5-150. Liquidation by conservator.
- § 34-6-10. Short title.
- § 34-6-20. Definitions.
- § 34-6-30. Standard of conduct in managing and investing institutional fund.
- § 34-6-40. Appropriation for expenditure or accumulation of endowment fund; rules of construction.
- § 34-6-50. Delegation of management and investment functions.
- § 34-6-60. Release or modification of restrictions on management, investment, or purpose.
- § 34-6-70. Review of compliance.
- § 34-6-80. Application to existing institutional funds.
- § 34-6-90. Relation to Electronic Signatures in Global and National Commerce Act.
- § 34-6-100. Uniformity of application and construction.
- § 34-7-10. Reorganization of banks adjudged insolvent.
- § 34-7-20. Effect of reorganization plan on claims of depositors and unsecured creditors.
- § 34-7-30. Parties to proceeding.
- § 34-7-40. Petition and order for reorganization meeting.
- § 34-7-50. Notice of meeting.
- § 34-7-60. Adoption of plan; quorum and vote required; no appeal.
- § 34-7-70. Reopening of bank in hands of State Board of Bank Control; agreement of fiduciaries.
- § 34-9-10. Amount of capital to be paid in United States currency.
- § 34-9-20. Additional ten percent of capital must be paid in.
- § 34-9-30. Recovery of penalties for nonpayment of stock subscriptions and unpaid installments on subscriptions.
- § 34-9-40. Minimum capital requirements.
- § 34-9-60. Paid-in capital must meet Federal Deposit Insurance Fund requirements.
- § 34-9-70. Repealed.
- § 34-9-80. Repealed.
- § 34-9-90. Preferred stock shall be included in capital.
- § 34-9-100. Issuance of capital notes or debentures.
- § 34-9-110. Capital notes and debentures shall be included in capital.
- § 34-9-120. Prerequisite of retirement of capital notes and debentures.
- § 34-9-130. Reserve requirements of state banks.
- § 34-11-10. Payment of deposits made in name of two or more persons.
- § 34-11-20. Acceptance and disbursement of deposits of minors.
- § 34-11-30. Receipt of deposits or trusts after knowledge of insolvency.
- § 34-11-40. Repealed.
- § 34-11-50. Repealed.
- § 34-11-60. Drawing and uttering fraudulent check, draft, or other written order.
- § 34-11-70. Prima facie evidence of fraudulent intent in drawing check, draft, or other written order, reasonable and probable cause for prosecution.
- § 34-11-75. Civil remedy for drawing and uttering of fraudulent checks, drafts, or other written order.
- § 34-11-80. Stopping payment on check, draft, or order with intent to defraud.
- § 34-11-90. Jurisdiction of offenses and penalties.
- § 34-11-95. Report of convictions to South Carolina Law Enforcement Division; release of information.
- § 34-11-100. Effect of payment of dishonored check, draft, or order after institution of prosecution.
- § 34-11-110. Adverse claimant of deposit must obtain court process or give bond; exception as to fiduciary deposits.
- § 34-11-120. Duty of person drawing postdated check to give notice.
- § 34-11-130. Payment of withdrawal value of account to beneficiary upon death of trustee.
- § 34-13-50. Maximum amounts of loans; generally.
- § 34-13-60. Maximum amounts of loans; exceptions for certain loans secured by shipping documents.
- § 34-13-70. Maximum amounts of loans; another maximum.
- § 34-13-80. Limitations on loans to directors and officers.
- § 34-13-90. Penalty for improper borrowing by directors or officers.
- § 34-13-100. Investigation of security consisting of warehouse receipts.
- § 34-13-110. Certain discounts are not considered as money borrowed.
- § 34-13-140. Restrictions on loan on or purchase of bank's own stock.
- § 34-13-150. Investment of funds in federal savings and loan associations and building and loan associations.
- § 34-13-160. Investment in farm loan bonds; accountability for interest.
- § 34-13-170. Investment in bank service corporations.
- § 34-15-10. General authority to act as fiduciary.
- § 34-15-20. Fiduciary bonds.
- § 34-15-30. Capital stock shall be held security for fiduciary obligations.
- § 34-15-40. Papers may be executed by authorized officer.
- § 34-15-50. Liability when acting as trustee of partnership interest for minors.
- § 34-19-10. Definitions.
- § 34-19-20. Safe deposit business authorized.
- § 34-19-30. Lease of box to minor.
- § 34-19-40. Access to box of fiduciary.
- § 34-19-50. Access to box of decedent; removal of contents.
- § 34-19-60. Refusal of access because of adverse claim.
- § 34-19-70. Opening box when rental is one year in default.
- § 34-19-80. Sale of contents unclaimed for two years.
- § 34-19-90. Disposition of proceeds of sale of contents.
- § 34-19-100. Destruction of private documents of no apparent value.
- § 34-19-110. Use of words "safe deposit" or "safety deposit".
- § 34-19-120. Access by person appointed as attorney-in-fact under durable power of attorney to obtain original durable power of attorney; statement of authorization.
- § 34-21-10. Written approval from State Board of Bank Control is required to conduct trust business.
- § 34-21-20. Examination; rules and regulations.
- § 34-21-30. Fiduciary assets must be segregated; separate books and records; officer in charge.
- § 34-21-40. Forms of security for funds received or held in trust.
- § 34-21-50. Investment of funds.
- § 34-21-60. Investments shall be kept separate.
- § 34-21-70. Custody of securities.
- § 34-21-210. Definitions.
- § 34-21-220. Collective investment of funds.
- § 34-21-230. Written plan for fund.
- § 34-21-240. Amendments to plan.
- § 34-21-250. Management, control, and ownership of fund.
- § 34-21-260. Propriety of investments in fund.
- § 34-21-270. Limitation on investment in obligations of any one person, firm, or corporation.
- § 34-21-280. Collective investment fund may be considered as a whole in determining propriety of investment.
- § 34-21-290. Authority of estates restricted to legal investments.
- § 34-21-300. Authority of estates not restricted to legal investments.
- § 34-21-310. Limitation on interest of any one participant in collective investment fund.
- § 34-21-320. Making and withdrawing investments.
- § 34-21-330. Nature of interest in fund.
- § 34-21-340. Certificates and other documents evidencing interest in fund shall not be issued.
- § 34-21-350. Records of investments.
- § 34-21-360. Trust institution shall not invest in own fund.
- § 34-21-370. Management fees prohibited; reimbursement for expenses.
- § 34-21-380. Annual audit of fund; financial report.
- § 34-21-390. Valuation of securities in fund.
- § 34-21-400. Court accounting of fund.
- § 34-21-410. Mistakes in administration.
- § 34-21-420. Other common trust funds are not prohibited.
- § 34-21-430. Obligations in which funds may be collectively invested.
- § 34-25-10. Definitions.
- § 34-25-20. Purpose.
- § 34-25-30. Board approval.
- § 34-25-40. Application.
- § 34-25-50. Disapproval of application.
- § 34-25-60. Time for decision; public hearing.
- § 34-25-70. Reporting.
- § 34-25-80. Agency agreements; prohibited activity.
- § 34-25-90. Enforcement.
- § 34-25-100. Board authority.
- § 34-25-210. Purpose.
- § 34-25-220. Definitions.
- § 34-25-230. Merger resulting in South Carolina state bank; board approval.
- § 34-25-240. Merger resulting in out-of-state bank; board approval.
- § 34-25-250. Application.
- § 34-25-260. Findings of board.
- § 34-25-270. Applicable law.
- § 34-25-280. Reporting; board authority.
- § 34-25-290. Enforcement.
- § 34-25-300. Promulgation of regulations.
- § 34-25-310. Notice of transaction.
- § 34-26-100. Short title.
- § 34-26-110. Definitions.
- § 34-26-200. Responsibility of Board of Financial Institutions.
- § 34-26-210. Discretionary powers of board.
- § 34-26-220. Suspension of operations of bankrupt or insolvent credit union; liquidation of assets.
- § 34-26-230. Appointment of conservator of credit union assets by board or board designee; remedy of credit union to regain possession and control of assets.
- § 34-26-240. Duty of board to examine credit union; disclosure requirements of credit union officers and agents.
- § 34-26-250. Duty of credit union to maintain books, records, accounting systems, and procedures.
- § 34-26-260. Form of credit union annual report to board.
- § 34-26-270. Fees to defray administration, supervision, examination, and other expenses of annual examination of credit union.
- § 34-26-280. Conflict of interest; prohibitions respecting board or commissioner's office employees and credit unions.
- § 34-26-300. Application for credit union charter of incorporation; articles of incorporation and bylaws.
- § 34-26-310. Consideration of application; time period for approval or denial; factors considered.
- § 34-26-320. Model articles of incorporation to facilitate organization of credit unions.
- § 34-26-330. Amendment of articles of incorporation and bylaws.
- § 34-26-340. Name requirements of credit unions.
- § 34-26-350. Principal place of business of credit union; other locations.
- § 34-26-360. Fiscal year.
- § 34-26-370. Conduct of business in state by lawful out-of-state credit union; requirements of board approval.
- § 34-26-380. Conduct of business out-of-state by credit union; necessity of board approval.
- § 34-26-390. Exemption of credit union from business license tax.
- § 34-26-400. Particular powers of cooperative credit union; loans to other credit unions.
- § 34-26-410. Additional powers of credit union.
- § 34-26-420. Powers incidental to purpose of credit union; limitations.
- § 34-26-500. Requirements of membership; eligible groups; requirement of board approval.
- § 34-26-510. Organizations eligible for credit union membership.
- § 34-26-520. Eligibility of other credit unions.
- § 34-26-530. Application for membership; appeal of membership denial.
- § 34-26-540. Retention of membership.
- § 34-26-550. Member liability for credit union debt.
- § 34-26-560. Expulsion; request for hearing.
- § 34-26-570. Annual and other meetings of credit union membership.
- § 34-26-580. Special meetings; grounds and proceedings.
- § 34-26-600. Authority of board of directors.
- § 34-26-605. Membership of board; term of office; board appointment of credit committee.
- § 34-26-610. Filing of record of names and addresses of membership.
- § 34-26-615. Board vacancies; credit and supervisory committee vacancies.
- § 34-26-620. Prohibition against compensation for services; accident insurance; expenses.
- § 34-26-625. Conflicts of interest; limitation on persons with pecuniary interest.
- § 34-26-630. Election of officers.
- § 34-26-635. Appointment of executive committee.
- § 34-26-640. Meetings of board; frequency of meetings.
- § 34-26-645. Duties of board.
- § 34-26-650. Credit committee supervision of member loans.
- § 34-26-655. Appointment of credit committee loan officers.
- § 34-26-660. Purpose and composition of credit union supervisory committee; term of office.
- § 34-26-665. Suspension of member; supervisory committee report to board.
- § 34-26-670. Suspension or removal of supervisory committee member.
- § 34-26-700. Share accounts; par value; pledged shares.
- § 34-26-710. Dividends.
- § 34-26-720. Deposits.
- § 34-26-730. Withdrawal of deposited funds; withdrawal notice.
- § 34-26-740. Payments on share accounts.
- § 34-26-750. Ownership interests in share accounts; joint accounts.
- § 34-26-760. Share accounts held in trust; beneficiaries.
- § 34-26-770. Payable-on-death share accounts; effect of transfer of account.
- § 34-26-780. Account lien; right of set-off.
- § 34-26-790. Requirement of incorporators to apply for insurance prior to application for charter.
- § 34-26-800. Loans and lines of credit; establishment of written policies.
- § 34-26-810. Interest rates.
- § 34-26-820. Incidental fees and expenses.
- § 34-26-830. Loan application.
- § 34-26-840. Limitation of size of loan; in general.
- § 34-26-850. Limitation on loan advances by approved line of credit; periodic review.
- § 34-26-860. Limitation on size of loan secured by real estate; approved collateral.
- § 34-26-870. Credit union participation in joint loan with other credit union.
- § 34-26-880. Credit union participation in federal or state loan programs; other powers.
- § 34-26-890. Limitation on loans to directors and members of supervisory and credit committees.
- § 34-26-900. Provision of member services; in general.
- § 34-26-910. Insurance for officers, agents, and employees.
- § 34-26-920. Marketing arrangements.
- § 34-26-930. Collection, receipt, and disbursement in connection with negotiable instruments; automated services; fees.
- § 34-26-940. Retirement, pension, profit-sharing, and deferred income accounts.
- § 34-26-1000. Investment of credit union funds; investment committee.
- § 34-26-1010. Designation of depositories.
- § 34-26-1020. Permissible investments of credit union funds.
- § 34-26-1100. Determination of gross earnings; reservation of reserve; waiver of reserve requirement.
- § 34-26-1110. Permissible use of reserve; effect of liquidation of credit union.
- § 34-26-1120. Special reserves.
- § 34-26-1200. Dissolution; voluntary liquidation; distribution of assets.
- § 34-26-1210. Merger.
- § 34-26-1220. Conversion of credit union to organization under laws of another state or United States; requirement of member approval.
- § 34-26-1300. Corporate credit union.
- § 34-26-1310. Purposes of corporate credit union.
- § 34-26-1320. Corporate credit union membership.
- § 34-26-1330. Application to form corporate credit union.
- § 34-26-1340. Powers and privileges of corporate credit union.
- § 34-26-1350. Participation in National Credit Union Administration Central Liquidity Facility; other state and federal financial systems; agreements with third parties.
- § 34-26-1360. Acceptance of security for loans; pledges, assignments, hypothecation, or mortgages.
- § 34-26-1370. Board of directors of corporate credit union meetings.
- § 34-26-1380. Corporate credit union reserve requirements; exemptions.
- § 34-26-1390. Annual audit and report.
- § 34-28-10. Short title of Articles 1 through 10.
- § 34-28-20. Application of the South Carolina Business Corporation Act.
- § 34-28-30. Definitions.
- § 34-28-100. Application for authority to incorporate; action by Board on application.
- § 34-28-110. Name of an association.