The credit committee may appoint one or more loan officers and delegate the power to approve or disapprove loans, subject to such limitations or conditions as it may prescribe.
S.C. Code Ann. § 34-26-655
Appointment of credit committee loan officers
1996 Act No. 371, SECTION 1, eff May 29, 1996.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.