{"data":{"id":"us-sc/s.c.-code-ann.-34-33-40","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 34-33-40","heading":"Repurchase of capital stock.","body":"Notwithstanding any provision of Title 34 of the 1976 Code, a banker's bank may repurchase, for its own account, shares of its own capital stock, but the outstanding capital stock may not be reduced below the minimum required by law without the prior approval of the State Board of Financial Institutions.","path":["Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEY","CHAPTER 33 Banker's Banks"],"source_url":"https://www.scstatehouse.gov/code/t34c033.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:06:54Z","sha256":"922643166587b712cae399382e025c66b69a84af145c63c9eff6e5a848fe7ec1","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-34-33-30","next":"us-sc/s.c.-code-ann.-34-33-50"},"notice":"GroundRules: Original legal text. Not legal advice."}