Code of Alabama - Title 10A: Alabama Business and Nonprofit Entities Code - Section 10A-2-8.07 - Resignation of directors

Section 10A-2-8.07 - Resignation of directors.

REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

(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; §10-2B-8.07; amended and renumbered by Act 2009-513, p. 967, §116.)

Last modified: May 3, 2021