51A-2-15. Considerations of commission in making rules and regulations.
63 words·~1 min read·
/sd/title-51/chapter-51-2/51a-2-15A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In making rules, the commission shall act in the interests of promoting and maintaining a sound banking system; securing deposits, depositors and other customers; preserving the liquid position of banks; promoting the competitive equality of state - chartered banks with national banks and other financial institutions in all aspects of banking practices and permitted nonbanking activities; and preventing injurious credit expansions and contractions.