Current through Chapter 94 of the 2024 Legislative Session
Section 293-A:8.07 - Resignation of Directors(a) A director may resign at any time by delivering a written resignation to the board of directors, or its chair, or to the secretary of the corporation.(b) A resignation is effective when the resignation is delivered unless the resignation specifies a later effective date or an effective date determined upon the happening of an event or events. A resignation that is conditioned upon failing to receive a specified vote for election as a director may provide that it is irrevocable.Entire chapter repealed and reenacted by 2013, 142:1, eff. 1/1/2014. 2013, 142:1, eff. Jan. 1, 2014.