[§414D-19]  Shares of stock and dividendsprohibited; compensation; distribution.  A corporation under this chaptershall not authorize or issue shares of stock except for limited-equity housingcooperatives.  No dividend shall be paid and no part of the income or profit ofa corporation shall be distributed to its members, directors, or officers.  Acorporation may pay compensation in a reasonable amount to its members,directors, or officers for services rendered, may confer benefits upon itsmembers in conformity with its purposes, and upon dissolution or finalliquidation may make distributions to its members as permitted by this chapter;provided that no such payment, benefit, or distribution shall be deemed to be adividend or a distribution of income or profit. [L 2003, c 124, §1]