2014 South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
CHAPTER 3 - BANKS AND BANKING GENERALLY

ARTICLE 1 General Provisions

• SECTION 34-3-10. Use of "bank" or "banking" by others than banking institutions.
• SECTION 34-3-20. Provisions not applicable to national banks.
• SECTION 34-3-30. Certain parts of bank charters repealed.
• SECTION 34-3-40. Shares of stock requisite for eligibility as bank director.
• SECTION 34-3-50. Officers and employees shall be bonded.
• SECTION 34-3-60. Branch bank shall identify itself.
• SECTION 34-3-65. Opening of deposit accounts at special events; conditions.
• SECTION 34-3-70. False statements concerning solvency of bank.
• SECTION 34-3-80. Criminal liability of bank official furnishing false certificate to Comptroller General.
• SECTION 34-3-90. Penalties.
• SECTION 34-3-100. Transaction of business in State by foreign bank.
• SECTION 34-3-110. Crimes against a federally chartered or insured financial institution.

ARTICLE 3 Powers

• SECTION 34-3-210. General powers of banking corporation.
• SECTION 34-3-220. Acceptance of drafts and bills of exchange.
• SECTION 34-3-230. Directors may make and change bylaws.
• SECTION 34-3-240. Other powers of directors.
• SECTION 34-3-250. Association with national reserve association.
• SECTION 34-3-260. Transaction of business by wholly-owned subsidiary of state bank or trust company.

ARTICLE 5 Periodic Statements and Examinations

• SECTION 34-3-310. Examination of banks.
• SECTION 34-3-320. Examination fees; number of examinations annually.
• SECTION 34-3-330. Federal examinations.
• SECTION 34-3-340. Reports and examinations by Federal Deposit Insurance Corporation.
• SECTION 34-3-350. Directors shall review reports of examinations.
• SECTION 34-3-360. Form of notice to cashier.
• SECTION 34-3-370. Form of report to State Board.
• SECTION 34-3-380. Report of condition.
• SECTION 34-3-390. Repealed by 1995 Act No. 116, Section 3, eff upon approval (became law without the Governor's signature on June 13, 1995).
• SECTION 34-3-400. Repealed by 1995 Act No. 116, Section 3, eff upon approval (became law without the Governor's signature on June 13, 1995).
• SECTION 34-3-410. Repealed by 1995 Act No. 116, Section 3, eff upon approval (became law without the Governor's signature on June 13, 1995).
• SECTION 34-3-420. Statement shall be sent to Board; failure to report.

ARTICLE 7 Retention of Records

• SECTION 34-3-510. Records shall be retained.
• SECTION 34-3-520. Regulations classifying records.
• SECTION 34-3-530. Destruction of records.
• SECTION 34-3-540. Copies and reproductions of bank records; admissibility in evidence.
• SECTION 34-3-550. Application of article.

ARTICLE 9 Relationship with Federal Deposit Insurance Corporation

• SECTION 34-3-610. "Banking institution" defined.
• SECTION 34-3-620. Relationship with Federal Deposit Insurance Corporation generally.
• SECTION 34-3-630. Federal Deposit Insurance Corporation as receiver or liquidator.
• SECTION 34-3-640. Assets pass to Federal Deposit Insurance Corporation on appointment as receiver of liquidator.
• SECTION 34-3-650. Federal Deposit Insurance Corporation subrogated to rights of depositors paid by it.
• SECTION 34-3-660. Closed institutions may borrow or sell assets to Federal Deposit Insurance Corporation.

ARTICLE 11 Conversion of National Bank Into State Bank; Consolidation or Merger

• SECTION 34-3-810. National bank may become State bank; procedure.
• SECTION 34-3-820. Time corporate existence as State bank commences.
• SECTION 34-3-830. Transfer of assets, property and rights of national bank.
• SECTION 34-3-840. Directors and organization.
• SECTION 34-3-850. Consolidation or merger of banks and trust companies.