(a) The commissioner at the association’s cost shall conduct an additional examination or audit or devote extraordinary attention to an association’s affairs if the commissioner determines that the condition of the association makes it necessary or expedient to do so.
(b) A copy of the report of an examination or audit conducted under this section shall be furnished promptly to the association. The report shall be:
(1) presented to the board of the association at its next regular meeting or at a special meeting called for purposes of permitting the presentation of the report; and
(2) noted in the minutes of the meeting.