381. If, in the opinion of the Authority, the federation neglects to exercise the powers conferred on it by subparagraphs 1 and 2 of the first paragraph of section 377, the Authority may, after giving the federation an opportunity to present its observations in writing within the time fixed, give the credit union concerned the instructions deemed expedient by the Authority.
2000, c. 29, s. 381; 2002, c. 45, s. 338; 2004, c. 37, s. 90.