Home/Maryland/Statutes/Article gca: Corporations and Associations/Title: 5/§ 5-205
Maryland Statutes

§ 5-205

Maryland § 5-205
JurisdictionMaryland
Article gcaCorporations and Associations
Title5

This text of Maryland § 5-205 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Corporations and Associations § 5-205 (2026).

Text

(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.

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Bluebook (online)
Maryland § 5-205, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/5-205.