Tennessee Statutes

§ 48-58-107 — Resignation of directors

Tennessee § 48-58-107

This text of Tennessee § 48-58-107 (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. § 48-58-107 (2026).

Text

(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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Legislative History

Acts 1987, ch. 242, § 8.07.

Nearby Sections

15
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Bluebook (online)
Tennessee § 48-58-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/48-58-107.