; (13) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; (14) charge and collect membership dues and subscription fees; and (15) sue and be sued. 250107. Restrictions (a) Stock and dividends The corporation may not issue securities of any kind or declare or pay a dividend. (b) 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 during the life of the charter of the corporation under this chapter. This subsection does not prevent the payment of reasonable compensation to an officer or reimbursement for actual necessary expenses in amounts approved by the board of directors. (c) Loans The corporation may not make a loan to a director, officer, or employee. (d) Claim of governmental approval or authority The corporation may not claim congressional approval or the authority of the United States Government for any of its activities. 250108. Records and inspection (a) Records The corporation shall keep— (1) correct and complete records of account; (2) minutes of the proceedings of its members, board of directors, and committees having any of the authority of its board of directors