Nebraska § 21-290 Resignation of directors

Nebraska Statutes

§ 21-290 — Resignation of directors

Nebraska·Ch. 21 Corporations and Other Companies

(MBCA 8.07) (a) A director may resign at any time by delivering a written resignation to the board of directors or its chairperson 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.

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(MBCA 8.07) (a) A director
may resign at any time by delivering a written resignation to the board of
directors or its chairperson 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.

Nebraska § 21-290 (Resignation of directors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.