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2019 South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
Chapter 3 - Banks And Banking Generally
Section 34-3-820. Time corporate existence as State bank commences.
Universal Citation: SC Code § 34-3-820 (2019)
After the issuance of such certificate by the Secretary of State and the payment to him of the same fees as would be payable for the incorporation of a bank under the laws of this State with a similar capital stock, the corporate existence of such bank as a State bank shall begin as soon as its dissolution as a national banking corporation becomes effective.
HISTORY: 1962 Code Section 8-122; 1952 Code Section 8-122; 1942 Code Section 7866; 1932 Code Section 7834; 1926 (34) 945.
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