Sec. 3.2. Superintendent's findings  


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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.