SECTION 34-28-320. Acts requiring prior approval of federal authorities.
South CarolinaStatutes
Ask Donna
How this section applies to your facts.
SC Code › Title 34 › Chapter 28 › Article 4 › Section 34-28-320
Text
With the prior approval of the Federal Home Loan Bank Board and other applicable federal authorities in accordance with their approval authority over the transaction and without the necessary approval of the Board except for the requirements under Section 34-28-340(b): (1) A South Carolina federal association may acquire a Southern Region association; and (2) A Southern Region association may acquire a South Carolina federal association.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.