S.C. Code § 34-9-90

Current through 2024 Act No. 225.

Section 34-9-90 - Preferred stock shall be included in capital

Any preferred stock lawfully issued by a banking institution organized under the laws of this State shall be included in determining whether such banking institution has complied with the minimum capital stock requirements provided by law for banking institutions in this State.

S.C. Code § 34-9-90

1935 (39) 493; 1942 Code Section 7835; 1952 Code Section 8-150; 1962 Code Section 8-150.