36 U.S.C. § 70507 — Restrictions

(a) Stock and Dividends. The corporation may not issue stock or declare or pay a dividend. (b) Political Activities. (1) In general. The corporation's activities, funds, income, and property may not be used to carry on political activity or try to influence legislation. (2) No contribution, support, or participation. Neither the corporation, nor a director or officer acting in that role, may contribute to, support, or take part in political activity, or try to influence legislation in any way. (c) Distribution of Income or Assets. (1) In general. The corporation's income or assets may not benefit or be given to a director, officer, or member while the charter is in effect. This does not stop the board of directors from approving reasonable compensation, or reimbursement of expenses incurred doing the corporation's business, for officers, directors, or members. (2) Rule of construction. This does not prevent the corporation from giving a grant to a Federal Bar Association chapter that an officer, director, or member happens to belong to, or from paying its employees reasonable compensation for work done on its behalf. (d) Loans. The corporation may not make a loan to a director, officer, member, or employee. (e) Immunity From Liability. Members and private individuals are not personally liable for the corporation's debts. (f) Claim of Governmental Approval or Authority. The corporation (1) may not claim congressional approval or U.S. government authority for its activities, but (2) may acknowledge that it holds this federal charter.