South Carolina § 34-13-90 - Penalty for improper borrowing by directors or officers.
Full text of South Carolina South Carolina Code of Laws § 34-13-90 — Penalty for improper borrowing by directors or officers., with citation guidance and answers to common questions.
§ 34-13-90. Penalty for improper borrowing by directors or officers.
A person who violates the provisions of Section 34-13-80 is guilty of a felony and, upon conviction, must be fined in the discretion of the court or imprisoned not more than ten years, or both.
HISTORY: 1962 Code SECTION 8-229; 1952 Code SECTION 8-229; 1942 Code SECTION 7874-1; 1932 Code SECTION 1361; Cr. C. '22 SECTION 258; Cr. C. '12 SECTION 296; Cr. C. '02 SECTION 218; 1897 (21) 463; 1984 Act No. 391, SECTION 2; 1993 Act No. 184, SECTION 64, eff January 1, 1994.
Effect of Amendment
The 1993 amendment rewrote this section so as to change portions from misdemeanors to felonies and the maximum term of imprisonment to conform to the new crime classification system.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 34-13-90
What does South Carolina Code of Laws § 34-13-90 cover?
Section 34-13-90 ("Penalty for improper borrowing by directors or officers.") 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 § 34-13-90?
A common citation format is "South Carolina Code of Laws § 34-13-90" (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 § 34-13-90 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.