TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 1. BUSINESS CORPORATIONS

Part 4. Directors and Officers

Resignation Of Directors

35-1-423. Resignation of directors. (1) A director may resign at any time by delivering written notice to the board of directors, to its presiding officer, or to the corporation.

(2) A resignation is effective when the notice is delivered unless the notice specified a later effective date.

History: En. Sec. 81, Ch. 368, L. 1991; amd. Sec. 1258, Ch. 56, L. 2009.