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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 34-3-840: Directors and organization.

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Where this section sits in the code
  1. Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEY
  2. CHAPTER 3 Banks and Banking Generally
  3. ARTICLE 11 Conversion of National Bank Into State Bank; Consolidation or Merger

Unless otherwise elected by the shareholders of the national banking corporation or state banking corporation, the directors and officers of the national banking corporation or state banking corporation in office at the time of its dissolution shall be the directors and officers of the bank created in pursuance of this article until the first annual election of directors and officers thereafter and may take all necessary measures to perfect its organization and to adopt such bylaws and regulations concerning its business and management as may be proper and not inconsistent with law.

Collected 2026-09-02T07:05:24Z. Source file · JSON

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