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S.C. Code Ann. § 34-5-60

Expenses of conservator; attorney

1962 Code SECTION 8-286; 1952 Code SECTION 8-286; 1942 Code SECTION 7829-7; 1936 (39) 1484.

All expenses of any such conservatorship shall be paid out of the assets of such bank and shall be a lien thereon which shall be prior to any other lien. The conservator shall receive as salary an amount to be fixed by the Board. The conservator may employ an attorney or attorneys at such reasonable compensation as may be agreed upon; provided, that such employment shall be subject to the written approval of the Board.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.