36 U.S.C. § 40506 - U.S. Code - Unannotated Title 36. Patriotic and National Observances, Ceremonies, and Organizations § 40506. Restrictions

(a) Stock and dividends.--The corporation may not issue stock or declare or pay a dividend.

(b) Political activities.--The corporation or a director or officer as such may not contribute to, support, or participate in any political activity or in any manner attempt to influence legislation.

(c) Distribution of income or assets.--The income or assets of the corporation may not inure to the benefit of, or be distributed to, a director, officer, or member as such during the life of the corporation or on its dissolution or final liquidation. This subsection does not prevent the payment of--

(d) Loans.--The corporation may not make a loan to a director, officer, or employee. Directors and officers who vote for or assent to making a loan to a director, officer, or employee, and officers who participate in making the loan, are jointly and severally liable to the corporation for the amount of the loan until it is repaid.