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2017 South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
CHAPTER 26 - SOUTH CAROLINA CREDIT UNION ACT
Section 34-26-600. Authority of board of directors.
Universal Citation: SC Code § 34-26-600 (2017)
The board of directors shall have the authority and responsibility for the oversight of the management of the business affairs, funds, and records of the credit union. The authority to direct shall be exercised by the board as a group and not individually.
HISTORY: 1996 Act No. 371, Section 1, eff May 29, 1996.
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