2017 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 490 - BUSINESS CORPORATIONS
Section 490.807 - Resignation of directors.

Universal Citation: IA Code § 490.807 (2017)

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1 BUSINESS CORPORATIONS, §490.807 490.807 Resignation of directors. 1. A director may resign at any time by delivering a written resignation to the board of directors or its chair, or to the secretary of the corporation. 2. A resignation is effective when the resignation is delivered unless the resignation specifies a later effective date or an effective date determined upon the happening of an event or events. A resignation that is conditioned upon failing to receive a specified vote for election as a director may provide that it is irrevocable. 89 Acts, ch 288, §78; 2013 Acts, ch 31, §25, 82 Referred to in §490.810 Wed Feb 08 04:09:07 2017 Iowa Code 2017, Section 490.807 (13, 1)
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