Idaho Code § 30-29-807

Resignation of directors

Known as the Idaho Business Corporation Act

The act spans §§ 30–30 (209 sections).

I.C., § 30-29 -807, as added by 2015, ch. 243, § 63, p. 758; am. 2019, ch. 90, § 79, p. 220.

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

(2) A resignation is effective as provided in section 30-29-141(i), Idaho Code, unless the resignation provides for a delayed effectiveness, including effectiveness determined upon a future 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.

Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.