Tennessee § 48-58-107 Resignation of directors

Tennessee Statutes

§ 48-58-107 — Resignation of directors

(a)A director may resign at any time by delivering written notice to the board of directors, its chair or president, or to the corporation.

(b)A resignation is effective when the notice is effective unless the notice specifies a later effective date. If a resignation is made effective at a later date, the board may fill the pending vacancy before the effective date if the board provides that the successor does not take office until the effective date.

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(a) A director may resign at any time by delivering written notice to the board of directors, its chair or president, or to the corporation. (b) A resignation is effective when the notice is effective unless the notice specifies a later effective date. If a resignation is made effective at a later date, the board may fill the pending vacancy before the effective date if the board provides that the successor does not take office until the effective date.

Tennessee § 48-58-107 (Resignation of directors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.