Georgia Statutes
§ 14-2-807 — Resignation of directors
Georgia·Title 14
(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.
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Legislative History
Amended by 2008 Ga. Laws 452,§ 3, eff. 5/6/2008. Amended by 2004 Ga. Laws 533, § 13, eff. 7/1/2004.
Nearby Sections
15
§ 14-10-1
Short title§ 14-10-10
Ownership§ 14-10-17
Actions by or against associations§ 14-10-2
Definitions§ 14-10-3
Persons entitled to form association; purpose; limitation to one type of professional service§ 14-10-4
Formation