South Carolina § 34-3-70 - False statements concerning solvency of bank.

Full text of South Carolina South Carolina Code of Laws § 34-3-70 — False statements concerning solvency of bank., with citation guidance and answers to common questions.

§ 34-3-70. False statements concerning solvency of bank.

Any person who shall falsely and wilfully and with intent to injure circulate any report or make any false oral statement as to the assets or liabilities of any bank in this State, its solvency or ability to meet its obligations or its soundness or who shall make any other false oral statement calculated to affect the credit or standing of such a bank or to cast suspicion upon its solvency, soundness or ability to meet its deposits or other obligations in due course shall be guilty of a misdemeanor and upon conviction thereof shall be fined not less than one hundred dollars nor more than five hundred dollars or be imprisoned for not more than one year, or both, in the discretion of the court.

HISTORY: 1962 Code SECTION 8-108; 1952 Code SECTION 8-108; 1942 Code SECTION 7874-3; 1932 Code SECTION 1230; 1922 (32) 773.

Source: official South Carolina text · Last verified 2026-08-27

Frequently Asked Questions About South Carolina § 34-3-70

What does South Carolina Code of Laws § 34-3-70 cover?

Section 34-3-70 ("False statements concerning solvency of bank.") 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 § 34-3-70?

A common citation format is "South Carolina Code of Laws § 34-3-70" (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 § 34-3-70 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.