§ 30-29-843 — RESIGNATION AND REMOVAL OF OFFICERS

Idaho § 30-29-843

• Jurisdiction: Idaho
• Title 30: CORPORATIONS
• Part 8: DIRECTORS AND OFFICERS
• Ch. 29: GENERAL BUSINESS CORPORATIONS

Text

(a) An officer may resign at any time by delivering written notice to the board of directors or its chair, or to the appointing officer or the secretary. A resignation is effective as provided in section 30-29-141 (i), Idaho Code, unless the notice provides for a delayed effectiveness, including effectiveness determined upon a future event or events. If effectiveness of a resignation is stated to be delayed and the board of directors or the appointing officer accepts the delay, the board of directors or the appointing officer may fill the pending vacancy before the delayed effectiveness, but the new officer may not take office until the vacancy occurs.
(b) An officer may be removed at any time with or without cause by:
(1) The board of directors;
(2) The appointing officer, unless the bylaws or the board of directors provide otherwise; or
(3) Any other officer if authorized by the bylaws or the board of directors.
(c) In this section "appointing officer" means the officer, including any successor to that officer, who appointed the officer resigning or being removed.

Legislative History

[30-29-843, added 2015, ch. 243, sec. 63, p. 934; am. 2019, ch. 90, sec. 96, p. 280.]