Section 10-2B-8.07 Resignation of directors.

Section 10-2B-8.07

Resignation of directors.

(a) A director may resign at any time by delivering written notice to the board of directors, its chair, or to the corporation.

(b) A resignation is effective when the notice is delivered unless the notice specifies a later effective date.

(Acts 1994, No. 94-245, p. 343, §1.)