36 U.S.C. § 3608 — Restrictions

(a) Distribution of income or assets to members

No part of the income or assets of the corporation shall inure to any member, officer, or director of the corporation or be distributed to any such person during the life of the corporation or upon its dissolution or final liquidation. Nothing in this subsection shall be construed to prevent the payment of compensation to the officers of the corporation for services rendered to the corporation or to prevent their reimbursement for actual necessary expenses in amounts approved by the board of directors.

(b) Loans; advances

The corporation shall have no power to make loans or advances to any member, officer, director, or employee of the corporation.

The corporation shall have no power to issue any shares of stock or to declare or pay any dividends.

(d) Political activities

The corporation and its officers, employees, and agents acting as such shall have no power to contribute to, support, or otherwise participate in any political activity or in any manner attempt to influence legislation.

(e) Claim of approval or authorization

The corporation shall have no power to claim congressional approval or Federal Government authority for any of its activities.