South Carolina § 34-30-370 - Voluntary dissolution of state savings banks.
Full text of South Carolina South Carolina Code of Laws § 34-30-370 — Voluntary dissolution of state savings banks., with citation guidance and answers to common questions.
§ 34-30-370. Voluntary dissolution of state savings banks.
A state savings bank may be dissolved voluntarily by a majority vote of the board of directors when substantially all of the assets have been sold for the purpose of terminating the business of the savings bank and when a certificate of dissolution is recorded in the manner required by this chapter for the recording of articles of incorporation.
HISTORY: 1997 Act No. 90, SECTION 1, eff June 10, 1997.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 34-30-370
What does South Carolina Code of Laws § 34-30-370 cover?
Section 34-30-370 ("Voluntary dissolution of state savings banks.") 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 § 34-30-370?
A common citation format is "South Carolina Code of Laws § 34-30-370" (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 § 34-30-370 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.