Montana § 35-14-807 Resignation Of Directors

Montana Statutes

§ 35-14-807 — Resignation Of Directors

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 14 MONTANA BUSINESS CORPORATION ACT·Part 8 Directors and Officers

35-14-807 . Resignation of directors.

(1)A director may resign at any time by delivering a written notice of resignation to the board of directors or its chair or to the secretary.

(2)A resignation is effective as provided in 35-14-141(9) unless the resignation provides for a delayed effectiveness, including effectiveness determined on a future event or events. A resignation that is conditioned on failing to receive a specified vote for election as a director may provide that it is irrevocable.

Free access — add to your briefcase to read the full text and ask questions with AI

35-14-807 . Resignation of directors. (1) A director may resign at any time by delivering a written notice of resignation to the board of directors or its chair or to the secretary.
(2) A resignation is effective as provided in 35-14-141(9) unless the resignation provides for a delayed effectiveness, including effectiveness determined on a future event or events. A resignation that is conditioned on failing to receive a specified vote for election as a director may provide that it is irrevocable.

Montana § 35-14-807 (Resignation Of Directors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.