10 - Declaration of policy.

§ 10. Declaration of policy. It is hereby declared to be the policy of  the  state  of  New  York that the business of all banking organizations  shall be supervised and regulated through the banking department in such  manner as to insure the safe and sound  conduct  of  such  business,  to  conserve  their  assets,  to  prevent  hoarding  of  money, to eliminate  unsound and destructive competition among such banking organizations and  thus to maintain public confidence in  such  business  and  protect  the  public interest and the interests of depositors, creditors, shareholders  and stockholders.