Resignation of directors
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TN Code › Title 48 › Chapter 58 › Section 48-58-107
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(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. Acts 1987, ch. 242, § 8.07.
(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.
Acts 1987, ch. 242, § 8.07.
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