§8.07. Resignation of directors

Link to law: http://legislature.vermont.gov/statutes/section/11A/008/00008.07
Published: 2015

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The Vermont Statutes Online



Title

11A

:
Vermont Business Corporations






Chapter

008

:
DIRECTORS AND OFFICERS






Subchapter

001
:
BOARD OF DIRECTORS










 

§

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 president or other officer responsible for recording the

minutes of the meetings of the shareholders and directors of the corporation.

(b) A

resignation is effective when the notice is delivered unless the notice

specifies a later effective date. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)
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