(1) A director may resign at any time by delivering written notice to the board of directors, its chairman, or to the corporation.
(2) A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date.
Resignation of directors
Known as the Kentucky Business Corporation Act
The act spans §§ 271B.10-010 to 271B.8-580 (197 sections).
Effective: January 1, 1989 History: Created 1988 Ky
(1) A director may resign at any time by delivering written notice to the board of directors, its chairman, or to the corporation.
(2) A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.