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ORS 60.321

Known as the Oregon Business Corporation Act

The act spans §§ 60–60 (245 sections).

1987 c.52 §74; 2017 c.55 §12

(1) A director may resign at any time by delivering written notice to the board of directors, the board’s chairperson or the corporation.

(2) A resignation is effective when the notice is effective under ORS 60.034 unless the notice specifies a later effective date.

(3) Once delivered, a notice of resignation is irrevocable unless the board of directors permits the revocation.

Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.