Any financial institution may request membership in the corporation by making application to the board of directors on that form and in that manner as the board of directors may require, and the membership becomes effective upon acceptance of the application by the board.
S.C. Code Ann. § 33-37-420
Application for membership
1962 Code SECTION 12-1142; 1958 (50) 1886; 2015 Act No. 60 (S.389), SECTION 1, eff June 4, 2015.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.