GroundRules
S.C. Code Ann. § 34-3-820: Time corporate existence as state bank commences.
Where this section sits in the code
- Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEY
- CHAPTER 3 Banks and Banking Generally
- ARTICLE 11 Conversion of National Bank Into State Bank; Consolidation or Merger
After the issuance of such certificate by the Secretary of State and the payment to him of the same fees as would be payable for the incorporation of a bank under the laws of this State with a similar capital stock, the corporate existence of such bank as a state bank shall begin as soon as its dissolution as a national banking corporation or state banking corporation becomes effective.
Collected 2026-09-02T07:05:24Z. Source file · JSON