South Carolina Code of Laws
Chapter 3 - Banks And Banking Generally
Section 34-3-70. False statements concerning solvency of bank.

Any person who shall falsely and wilfully and with intent to injure circulate any report or make any false oral statement as to the assets or liabilities of any bank in this State, its solvency or ability to meet its obligations or its soundness or who shall make any other false oral statement calculated to affect the credit or standing of such a bank or to cast suspicion upon its solvency, soundness or ability to meet its deposits or other obligations in due course shall be guilty of a misdemeanor and upon conviction thereof shall be fined not less than one hundred dollars nor more than five hundred dollars or be imprisoned for not more than one year, or both, in the discretion of the court.
HISTORY: 1962 Code Section 8-108; 1952 Code Section 8-108; 1942 Code Section 7874-3; 1932 Code Section 1230; 1922 (32) 773.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 34 - Banking, Financial Institutions and Money

Chapter 3 - Banks And Banking Generally

Section 34-3-10. Use of "bank" or "banking" by other than banking institutions.

Section 34-3-20. Provisions not applicable to national banks.

Section 34-3-30. Certain parts of bank charters repealed.

Section 34-3-40. Shares of stock requisite for eligibility as bank director.

Section 34-3-50. Officers and employees must be bonded.

Section 34-3-60. Repealed.

Section 34-3-65. Opening of deposit accounts at special events; conditions.

Section 34-3-70. False statements concerning solvency of bank.

Section 34-3-80. Criminal liability of bank official furnishing false certificate to Comptroller General.

Section 34-3-90. Penalties.

Section 34-3-100. Transaction of business in State by foreign bank.

Section 34-3-110. Crimes against a federally chartered or insured financial institution.

Section 34-3-210. General powers of banking corporation.

Section 34-3-220. Acceptance of drafts and bills of exchange.

Section 34-3-230. Directors may make and change bylaws.

Section 34-3-240. Other powers of directors.

Section 34-3-250. Association with national reserve association.

Section 34-3-260. Transaction of business by wholly-owned subsidiary of state bank or trust company.

Section 34-3-310. Examination of banks.

Section 34-3-320. Examination fees; number of examinations annually.

Section 34-3-330. Federal examinations.

Section 34-3-340. Reports and examinations by Federal Deposit Insurance Corporation.

Section 34-3-350. Directors shall review reports of examinations.

Section 34-3-360. Form of notice to chief executive.

Section 34-3-370. Form of report to Commissioner of Banking.

Section 34-3-380. Report of condition.

Section 34-3-420. Statement shall be sent to Board; failure to report.

Section 34-3-510. Records must be retained.

Section 34-3-520. Regulations classifying records.

Section 34-3-530. Destruction of records.

Section 34-3-540. Copies and reproductions of bank records; admissibility in evidence.

Section 34-3-550. Application of article.

Section 34-3-610. "Banking institution" defined.

Section 34-3-620. Relationship with Federal Deposit Insurance Corporation generally.

Section 34-3-630. Federal Deposit Insurance Corporation as receiver or liquidator.

Section 34-3-640. Assets pass to Federal Deposit Insurance Corporation on appointment as receiver of liquidator.

Section 34-3-650. Federal Deposit Insurance Corporation subrogated to rights of depositors paid by it.

Section 34-3-660. Closed institutions may borrow or sell assets to Federal Deposit Insurance Corporation.

Section 34-3-810. National bank may become state bank; procedure.

Section 34-3-820. Time corporate existence as state bank commences.

Section 34-3-830. Transfer of assets, property, and rights of national or state bank.

Section 34-3-840. Directors and organization.

Section 34-3-850. Consolidation or merger of banks and trust companies.