in the course of acting in such capacity) may not contribute to, support, or participate in any political activity. (d) Loans The corporation may not make a loan to a director, officer, employee, or member of the corporation. (e) Claim of governmental approval or authority The corporation may not claim congressional approval, or the authority of the United States, for any of its activities. (f) Corporate status The corporation shall maintain its status as a corporation incorporated under the laws of the State of California. 230207. Tax-exempt status required as condition of charter If the corporation fails to maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986, the charter granted under this chapter shall terminate. 230208. Records and inspection (a) Records The corporation shall keep— (1) correct and complete records of account