South Carolina Code 34-5-20. Appointment of conservator of a bank
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In South Carolina Code 34-5-20
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- bank: includes building and loan associations. See South Carolina Code 34-5-10
Whenever it shall deem it necessary in order to conserve the assets of any bank for the benefit of the depositors and other creditors thereof the Board may appoint a conservator for any bank and require of him such bond and security as the Board deems proper.