S.C. Code § 34-1-220

Current through 2024 Act No. 225.
Section 34-1-220 - Delegations to the Commissioner of Banking

For purposes of the provisions of this chapter, the board may delegate to the Commissioner of Banking its authority to receive applications, develop necessary forms, issue certificates or correspondence on behalf of the board, conduct examinations, request additional information or documentation from applicants, approve articles of incorporation, and establish capital requirements and other standards for the safety and soundness of bank operations. Any such delegation may be revoked by the board at any time.

S.C. Code § 34-1-220

Added by 2021 S.C. Acts, Act No. 30 (SB 467),s 1, eff. 5/6/2021.