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Section 5-205 - When Membership Reduced by Death or Resignation — Maryland Law | CourtGPT
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  7. Section 5-205 - When Membership Reduced by Death or Resignation
Maryland Legal Code

Section 5-205 - When Membership Reduced by Death or Resignation

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(a) A nonstock corporation is not required to dissolve merely because the death or resignation of a member reduces the actual number of members to less than required by its charter or bylaws. (b) As long as there is a remaining member, he may fill vacancies and continue the corporate existence.