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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 34-25-290: Enforcement.

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Where this section sits in the code
  1. Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEY
  2. CHAPTER 25 South Carolina Banking and Branching Efficiency Act
  3. ARTICLE 3 Branching and Bank Mergers

If the board determines that a branch maintained by an out-of-state state bank in this State is being operated in violation of any provision of the laws of this State, or that such branch is being operated in an unsafe and unsound manner, the board shall have the authority to take all such enforcement actions as it would be empowered to take if the branch were a South Carolina state bank; provided that the board promptly shall give notice to the home state regulator of each enforcement action taken against an out-of-state state bank and, to the extent practicable, shall consult and cooperate with the home state regulator in pursuing and resolving the enforcement action.

Collected 2026-09-02T07:06:19Z. Source file · JSON

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