(a) A director may resign at any time by delivering notice in writing or by electronic transmission to the board of directors, its chairperson, or to the corporation.
(b) A resignation shall be effective when the notice is delivered unless the notice specifies either a later effective date or an effective date determined upon the happening of an event.
(c) A resignation that is conditioned upon the happening of an event may provide that it is irrevocable.
Section: Previous 14-2-801 14-2-802 14-2-803 14-2-804 14-2-805 14-2-806 14-2-807 14-2-808 14-2-809 14-2-810 14-2-811 NextLast modified: October 14, 2016