South Carolina § 34-30-540 - Examinations and investigations; report; prohibition against delay or obstruction of examinations, refusal to exhibit records, false statements.
Full text of South Carolina South Carolina Code of Laws § 34-30-540 — Examinations and investigations; report; prohibition against delay or obstruction of examinations, refusal to exhibit records, false statements., with citation guidance and answers to common questions.
§ 34-30-540. Examinations and investigations; report; prohibition against delay or obstruction of examinations, refusal to exhibit records, false statements.
(A) The board is authorized to examine and investigate everything relating to the business of a state savings bank or its holding company.
(B) The board shall furnish a copy of the report to the state savings bank examined and, upon request, may furnish a copy of, or excerpts from, the report to the insurer of accounts.
(C) A state savings bank may not wilfully delay or obstruct an examination. A person failing to comply with this subsection is guilty of a misdemeanor.
(D) A person who possesses or controls books, accounts, or papers of a state savings bank shall not refuse to exhibit them to the board or the board's agents on demand, or knowingly or willingly make a false statement in regard to them. A person failing to comply with this subsection is guilty of a misdemeanor.
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 § 34-30-540
What does South Carolina Code of Laws § 34-30-540 cover?
Section 34-30-540 ("Examinations and investigations; report; prohibition against delay or obstruction of examinations, refusal to exhibit records, false statements.") 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 § 34-30-540?
A common citation format is "South Carolina Code of Laws § 34-30-540" (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 § 34-30-540 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.