2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.843 - RESIGNATION AND REMOVAL OF OFFICERS.

        490.843  RESIGNATION AND REMOVAL OF OFFICERS.
         1.  An officer may resign at any time by delivering notice to the
      corporation.  A resignation is effective when the notice is delivered
      unless the notice specifies a later effective time.  If a resignation
      is made effective at a later time and the board or appointing officer
      accepts the future effective time, the board or the appointing
      officer may fill the pending vacancy before the effective time if the
      board or appointing officer provides that the successor does not take
      office until the effective time.
         2.  An officer may be removed at any time with or without cause by
      any of the following:
         a.  The board of directors.
         b.  The officer who appointed such officer, unless the bylaws
      or the board of directors provide otherwise.
         c.  Any other officer if authorized by the bylaws or the board
      of directors.
         3.  In this section, "appointing officer" means the officer,
      including any successor to that officer, who appointed the officer
      resigning or being removed.  
         Section History: Recent Form
         89 Acts, ch 288, §96; 91 Acts, ch 211, §7; 2002 Acts, ch 1154,
      §43, 125

Disclaimer: These codes may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.