Officers and directors of a state savings bank shall act in a fiduciary capacity towards the state savings bank and its members or stockholders. They shall discharge duties of their respective positions in good faith, and with that diligence and care which ordinarily prudent persons would exercise under similar circumstances in like positions.
Fiduciary duties of officers and directors; duties of good faith, diligence, and care
S.C. Code Ann. § 34-30-1030, under Title 34, Chapter 30.
S.C. Code Ann. § 34-30-1030