THEODORE R. MCKELDIN, GOVERNOR 357

II. NON-STOCK CORPORATIONS

200. (General Law. ) (a) Except as otherwise provided
in this Part II, every corporation of this State without capital
stock shall comply with all provisions of Part I, Stock Corpo-
rations, and Part III, Particular Classes of Corporations, of
this Article, in so far as they are applicable.

(b) Wherever the term stockholder is used in this Article
it shall be deemed to include members, unless the context
otherwise requires.

201. (Charter Provision. ) Every corporation of this State
without capital stock, formed after June 1, 1951, shall specifi-
cally provide in its charter that it is not authorized to issue
capital stock.

202. (Members. ) (a) In any case in which neither the
charter nor the by-laws of any corporation of this State, with-
out capital stock, provides for members thereof as such, and
in any case in which any such corporation has in fact no
members other than the members of its governing board by
whatever name they may be called, the members for the time
being of its governing board shall, for the purposes of any
statutory provision or rule of law relating to members of
corporations having no capital stock, be taken to be the mem-
bers of such corporation, as well as members of such govern-
ing board, and may meet as members of such corporation and
exercise all of the rights and powers of members thereof.

(b) Whenever in the case of any corporation of this State
without capital stock, and having a definite number of mem-
bers, the membership is reduced below a majority of the pre-
scribed number due to death or resignation, the corporation
shall not on that account be dissolved, but the surviving or
continuing members, so long as the number thereof is two or
more, may fill vacancies and continue the corporate existence.

203. (Meetings. ) (a) Any corporation of this State with-
out capital stock may provide by its charter or by-laws the
number or proportion of voting members whose presence in
person or by proxy shall be necessary to constitute a quorum
at any meeting of members of the corporation AND THE
MANNER OF GIVING NOTICE OF ANY SUCH MEETING.

(b) Notwithstanding any provision of this Article to the
contrary, any corporation of this State without capital stock,
may by its charter or by-laws provide that any action may
be taken or authorized upon the concurrence of a greater or
less number or proportion of the votes of all members entitled
to vote, than required for such action by this Article, and