Power of federation of co-operatives to direct amendment of by-laws.
Section 22
SEC. 22. Power of federation of co-operatives to direct amendment of by-laws.— Subject to the regulations, whenever it appears to a federation of co-operatives that an amendment of the by-laws of a co-operative which is a member and a debtor of such federation is necessary or desirable in the interest of such co-operative, it may in the prescribed manner, call upon the co-operative to make the amendment within such time as it may specify. If the co-operative fails to make the amendment or repay the loan within the time specified, the federation may expel the co-operative from membership and take action to collect the loan.