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2017 South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
CHAPTER 5 - MANAGEMENT OF BANK BY CONSERVATORS
Section 34-5-40. Persons who may not be conservators.
Universal Citation: SC Code § 34-5-40 (2017)
No person shall be appointed conservator of any institution under the provisions of this chapter who was an officer, director or attorney of such institution at the time the Board determined to create such conservatorship or who within two years prior to that time had been such officer, director or attorney.
HISTORY: 1962 Code Section 8-284; 1952 Code Section 8-284; 1942 Code Section 7829-9; 1936 (39) 1484.
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