Withdrawal of deposited funds; withdrawal notice
Applied in 1 court decision — leading case Samuels v. State (2004)
Most recently applied in Samuels v. State (January 2004)
1996 Act No. 371, SECTION 1, eff May 29, 1996.
(1) Funds in share and deposit accounts may be withdrawn for payment to the account holder or to third parties, in such manner and in accordance with such procedures as are established by the board of directors.
(2) Share and deposit accounts shall be subject to any withdrawal notice requirement which is imposed pursuant to the bylaws.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.