§ 34-26-300 Application for credit union charter of incorporation; articles of incorporation and bylaws
§ 34-26-310 Consideration of application; time period for approval or denial; factors considered
§ 34-26-320 Model articles of incorporation to facilitate organization of credit unions
§ 34-26-330 Amendment of articles of incorporation and bylaws
§ 34-26-340 Name requirements of credit unions
§ 34-26-350 Principal place of business of credit union; other locations
§ 34-26-360 Fiscal year
§ 34-26-370 Conduct of business in state by lawful out-of-state credit union; requirements of board approval
§ 34-26-380 Conduct of business out-of-state by credit union; necessity of board approval
§ 34-26-390 Exemption of credit union from business license tax
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Terms Used In South Carolina Code > Title 34 > Chapter 26 > Article 3 - Formation of Credit Union

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Service of process: The service of writs or summonses to the appropriate party.