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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 34-5-70: Withdrawal of deposits and payment of creditors.

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Where this section sits in the code
  1. Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEY
  2. CHAPTER 5 Management of Bank by Conservators

While such bank is in the hands of a conservator the Board may require the conservator to set aside and make available for withdrawal by depositors and payment to other creditors, on a ratable basis, such amounts as in the opinion of the Board may safely be used for this purpose.

Collected 2026-09-02T07:05:29Z. Source file · JSON

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