ORS 60.321
Redline — January 1, 2015 → current.View current text →
Current — January 1, 2017
As of January 1, 2015
(1) A director may resign at any time by delivering written notice to the board of directors, its chairperson or the corporation.
(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 (5) unless the notice specifies a later effective date.
(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 revocation is permitted by the board of directors.
(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.