South Carolina § 34-30-420 - Applications for permission to organize interim state savings banks; preliminary approval.

Full text of South Carolina South Carolina Code of Laws § 34-30-420 — Applications for permission to organize interim state savings banks; preliminary approval., with citation guidance and answers to common questions.

§ 34-30-420. Applications for permission to organize interim state savings banks; preliminary approval.

(A) Article 2 of this chapter does not apply to applications for permission to organize an interim state savings bank so long as the application is approved by the board.

(B) Preliminary approval of an application for permission to organize an interim state savings bank is conditional upon the board's approval of an application to merge the interim state savings bank and an existing stock state savings bank or on the board's approval of another transaction.

HISTORY: 1997 Act No. 90, SECTION 1, eff June 10, 1997.

ARTICLE 4
Supervision

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

Frequently Asked Questions About South Carolina § 34-30-420

What does South Carolina Code of Laws § 34-30-420 cover?

Section 34-30-420 ("Applications for permission to organize interim state savings banks; preliminary approval.") 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 § 34-30-420?

A common citation format is "South Carolina Code of Laws § 34-30-420" (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 § 34-30-420 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.