{"data":{"id":"us-sc/s.c.-code-ann.-34-9-60","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 34-9-60","heading":"Paid-in capital must meet Federal Deposit Insurance Fund requirements.","body":"In addition to all other requirements, no bank or banking institution of any nature shall be granted a charter by the Secretary of State unless and until the State Board of Bank Control has certified that the paid-in capital of such bank or banking institution is sufficient to qualify such bank or banking institution for membership in the Federal Deposit Insurance Fund.","path":["Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEY","CHAPTER 9 Bank Capital and Capital Stock"],"source_url":"https://www.scstatehouse.gov/code/t34c009.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:05:44Z","sha256":"caa6ccb38e422dc8dbdfe328b62305c00d5206c5f2b90a4fcd4a6db0879d021a","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-34-9-40","next":"us-sc/s.c.-code-ann.-34-9-70"},"notice":"GroundRules: Original legal text. Not legal advice."}