(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 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) Loan.— The corporation may not make a loan to a director, officer, or employee of the corporation.
(d) Claim of Governmental Approval or Authority.— The corporation may not claim congressional approval, or the authority of the United States, for any activity of the corporation.
(e) Corporate Status.— The corporation shall maintain its status as a corporation incorporated under the laws of the State of New York.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
Description of Change
Statutes at Large
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