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§ 34-5-70 — South Carolina Law | CourtGPT
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  4. Title 34 - Banking, Financial Institutions and Money/
  5. Chapter 5 - Management of Bank by Conservators/
  6. § 34-5-70
South Carolina Legal Code

§ 34-5-70

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While such bank is in the hands of a conservator the Board may require the conservator to set aside and make available for withdrawal by depositors and payment to other creditors, on a ratable basis, such amounts as in the opinion of the Board may safely be used for this purpose. HISTORY: 1962 Code Section 8-287; 1952 Code Section 8-287; 1942 Code Section 7829-7; 1936 (39) 1484.