Title 3 Banking - Chapter I General Regulations of the Superintendent - Part 3 Superintendent’s Regulations: False Reporting - s 3.2 Superintendent's findings.


Published: 2021-01-15

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The superintendent hereby finds that violation of any of the provisions of section 3.1 of this Part:

(a) is inconsistent with and prejudicial to the safe and sound conduct of the business of banking organizations;

(b) is inconsistent with and prejudicial to the interest of the public, and is inconsistent with and prejudicial to the interests of depositors, creditors, shareholders and stockholders, as the case may be; and

(c) constitutes an unsafe manner of conducting the business of banking organizations.