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2017 Tennessee Code
Title 48 - Corporations and Associations
Nonprofit Corporations
Chapter 58 - Directors and Officers
Part 1 - Board of Directors
§ 48-58-107. Resignation of directors.
Universal Citation: TN Code § 48-58-107 (2017)
- (a) A director may resign at any time by delivering written notice to the board of directors, its chair or president, or to the corporation.
- (b) 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.
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