Current through the 2023 Regular Session
Section 35-14-807 - Resignation of directors(1) A director may resign at any time by delivering a written notice of resignation to the board of directors or its chair or to the secretary.(2) A resignation is effective as provided in 35-14-141(9) unless the resignation provides for a delayed effectiveness, including effectiveness determined on a future event or events. A resignation that is conditioned on failing to receive a specified vote for election as a director may provide that it is irrevocable.Added by Laws 2019, Ch. 271,Sec. 99, eff. 6/1/2020.