§ 120106. Restrictions

• (a) The corporation may not issue stock or declare or pay a dividend.
• (b) The corporation, or a director or officer of the corporation as such, may not contribute to, support, or participate in any political activity or in any manner attempt to influence legislation.
• (c) The corporation may not make a loan to a director, officer, or employee of the corporation.
• (d) The corporation may not claim congressional approval, or the authority of the United States, for any activity of the corporation.
• (e) The corporation shall maintain its status as a corporation incorporated under the laws of the State of New York.