S.C. Code § 34-30-370
Current through 2024 Act No. 209.
A state savings bank may be dissolved voluntarily by a majority vote of the board of directors when substantially all of the assets have been sold for the purpose of terminating the business of the savings bank and when a certificate of dissolution is recorded in the manner required by this chapter for the recording of articles of incorporation.
S.C. Code § 34-30-370