South Carolina Code 34-3-360. Form of notice to chief executive
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The form of notice from the Commissioner of Banking to the chief executive of the bank referred to in § 34-3-350 must be as follows:
To the Chief Executive: In accordance with the law I enclose a copy of the report of examination of your bank made __________, 20___, by the Commissioner of Banking, __________, with the request that it be considered at a meeting of your directors to be held within thirty days from this date and a record of the action taken thereon entered upon the minutes. Please also fill out and return the form attached.
Terms Used In South Carolina Code 34-3-360
- bank: as used in this title must be construed to include all institutions doing any kind of banking business whose deposits are eligible for insurance by the Federal Deposit Insurance Corporation, excluding a savings bank, and "building and loan association" as used in this title must be construed to include a mutual or stock savings association, savings and loan association, or savings bank and all other institutions doing any kind of building and loan business whose deposits are eligible for insurance by the Federal Savings and Loan Insurance Corporation. See South Carolina Code 34-1-10
Commissioner of Banking.