Can a limit be set for the number of members of a TeamRaiser team?

I would like to limit the number of users who can register under a particular team in our TeamRaiser event. Is this possible?
You can limit the number of users allowed to register for a team by following the steps below.
  1. Go to Fundraising > select TeamRaiser
  2. Click Edit next to the desired TeamRaiser event
  3. Skip to step 4. Select Team Options
  4. Enter a number under option 3. Team Size

Environment

 Luminate

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