Tennessee Statutes
§ 48-18-107 — Resignation of directors
Tennessee § 48-18-107
JurisdictionTennessee
Title48
This text of Tennessee § 48-18-107 (Resignation of directors) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 48-18-107 (2026).
Text
(a)A director may resign at any time by delivering a written resignation to the board of directors, or its chair, 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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Legislative History
Acts 1986, ch. 887, § 8.07; 2012, ch. 1051, § 28.
Nearby Sections
15
§ 48-1-101
Short title§ 48-1-102
Part definitions§ 48-1-103
Exemptions§ 48-1-105
Registration by coordination§ 48-1-106
Registration by qualification§ 48-1-109
Registration as broker-dealers, agents, investment advisers, and investment adviser representatives§ 48-1-111
Records and reports - Examinations§ 48-1-115
AdministrationCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 48-18-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/48-18-107.