S.C. Code Regs. § 15-29

Current through Register Vol. 48, No. 07, July 26, 2024

Section 15-29 - Loans to Officers and Directors

Loans to officers and directors of a state bank shall be approved by two-thirds vote of the whole board of directors of the bank within ninety (90) days of the date of the note or any subsequent renewals thereof.

S.C. Code Regs. 15-29

Statutory Authority: 1976 Code Section 34-1-110