Public-domain · open source
OpenJurist

Tenn. Code Ann. § 48-58-107

Resignation of directors

Acts 1987, ch. 242, § 8.07.

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

(2) A resignation is effective when the notice is effective unless the notice specifies a later effective date. If a resignation is made effective at a later date, the board may fill the pending vacancy before the effective date if the board provides that the successor does not take office until the effective date.

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