Utah § 16-10a-807 Resignation of directors.

Utah Statutes

§ 16-10a-807 — Resignation of directors.

Utah·Title 16 Corporations·Ch. 16-10a Utah Revised Business Corporation Act·Part 16-10a-8 Directors and Officers

(1)A director may resign at any time by giving a written notice of resignation to the board of directors, the board's chair, or the corporation's secretary.

(2)(2)(a) A resignation of a director is effective when the notice is received by the corporation unless the notice specifies a later effective date or an effective date determined by the happening of an event.

(2)(b) A notice of resignation that is conditioned upon failing to receive a specified vote for election as a director may provide that it is irrevocable.

(3)A director who resigns may deliver to the division for filing a statement of the director's resignation pursuant to Section 16-10a-1608.

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(1) A director may resign at any time by giving a written notice of resignation to the board of directors, the board's chair, or the corporation's secretary.
(2) (2)(a) A resignation of a director is effective when the notice is received by the corporation unless the notice specifies a later effective date or an effective date determined by the happening of an event.
(2)(b) A notice of resignation that is conditioned upon failing to receive a specified vote for election as a director may provide that it is irrevocable.
(3) A director who resigns may deliver to the division for filing a statement of the director's resignation pursuant to Section 16-10a-1608.

Utah § 16-10a-807 (Resignation of directors.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.