South Carolina Code 34-5-70. Withdrawal of deposits and payment of creditors
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Terms Used In South Carolina Code 34-5-70
- bank: includes building and loan associations. See South Carolina Code 34-5-10
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.