South Carolina § 34-3-250 - Association with national reserve association.
Full text of South Carolina South Carolina Code of Laws § 34-3-250 — Association with national reserve association., with citation guidance and answers to common questions.
§ 34-3-250. Association with national reserve association.
Any bank, banking association or trust company chartered and engaged in the banking business under the laws of this State may associate itself with any national reserve association of the United States or any branch thereof under any law enacted by the Congress of the United States and may invest such part of its capital or surplus therein as may be necessary to acquire and preserve its membership in such association.
HISTORY: 1962 Code SECTION 8-135; 1952 Code SECTION 8-135; 1942 Code SECTION 7842; 1932 Code SECTION 7875; Civ. C. '22 SECTION 4002; 1914 (28) 588.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 34-3-250
What does South Carolina Code of Laws § 34-3-250 cover?
Section 34-3-250 ("Association with national reserve association.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 34-3-250?
A common citation format is "South Carolina Code of Laws § 34-3-250" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 34-3-250 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.