NIC teaming behaviour

Hello!

From https://access.redhat.com/documentation/en-us/red_hat_enterprise_linux/7/html/networking_guide/sec-team-understanding_the_default_behavior_of_master_and_slave_interfaces point 4 "A master without ports can start static IP connections." I understand that when I shut both slave interfaces (eno1 and eno2 in my case) team remains up and has an IP address. Am i correct?