(a) General rule.--A nonprofit association may be dissolved as follows:
(1) if the governing principles provide a time or method for dissolution, at that time or by that method;
(2) if the governing principles do not provide a time or method for dissolution, upon approval by the members;
(3) if no member can be located and the operations of the nonprofit association have been discontinued for at least three years, by:
(i) the managers; or
(ii) if the nonprofit association has no current manager, its last manager;
(4) by court order; or
(5) under law other than this chapter.
(b) Continuation during winding up.--After dissolution, a nonprofit association continues in existence until its activities have been wound up under section 9135 (relating to winding up).