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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 34-28-560: Right to avoid loss.

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Where this section sits in the code
  1. Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEY
  2. CHAPTER 28 Savings Associations
  3. ARTICLE 6 Powers

Nothing in this chapter or in any other provision of law may be construed as denying to an association the right to invest its funds, operate a business, manage or deal in property, or take any other action over whatever period of time may reasonably be necessary to avoid loss on any loan or investment theretofore made or any obligation created in good faith.

Collected 2026-09-02T07:06:34Z. Source file · JSON

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