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2017 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 065 - Nonprofit Corporations
Section 65.321 - Resignation of directors.
Universal Citation: OR Rev Stat § 65.321 (2017)
(1) A director may resign at any time by delivering written notice to the board of directors, its presiding officer or to the president or secretary.
(2) A resignation is effective when the notice is effective under ORS 65.034 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. [1989 c.1010 §76]
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