S.C. Code § 34-5-20

Current through 2024 Act No. 225.

Section 34-5-20 - Appointment of conservator of a bank

Whenever it shall deem it necessary in order to conserve the assets of any bank for the benefit of the depositors and other creditors thereof the Board may appoint a conservator for any bank and require of him such bond and security as the Board deems proper.

S.C. Code § 34-5-20

1936 (39) 1484; 1942 Code Section 7829-7; 1952 Code Section 8-282; 1962 Code Section 8-282.