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I would be aware that if you are operating undergroud that you are covered by NO insurance policies. If something unfortunate were to happen you as individuals would be personally responsible. I personally wouldn't do it, but that is up to you. If you have hesitations, maintain the friendships, but let the active chapter portion go. Become involved as an alumna and perhaps you may eventually be able to reopen your chapter. I would imagine it would be harder to do down the road if you have been illegally operating.
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