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Texas Omicron
The Texas KA Chapter is powerful, old and has a large membership 150 + and 2300 alumni.They own a beautiful house at 2515 Leon, Austin Texas outright. If the alumni support the new group/local I think they can survive.
The University of Texas is a public university and cannot prohibit membership in the new local as this would violate the US and Texas Constitutional Right of free association. Several chapters in the south have disaffiated from their national/international including the SAE's at Duke and the Phi Delt's at U Va. and The University of The South, in an odd way this paralells what happened to greeks in New England in the late 1960's
I tend to think a purely local chapter without oversite is a risk management problem and the chapter will decline, but die outright, probably not.
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