The statements referred to in Section 34-3-380 shall be sent to the State Board of Financial Institutions within thirty days of the statement date requested and shall be in such form as may be required by the board. Any bank which fails to report within the time given, without excuse given to the board, shall be subject to a fine of ten dollars a day for each day's delay, collectible by the board in any court of competent jurisdiction.
S.C. Code Ann. § 34-3-420
Statement shall be sent to Board; failure to report
1962 Code SECTION 8-263; 1952 Code SECTION 8-263; 1942 Code SECTION 7862; 1932 Code SECTION 7860; Civ
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.