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resources / Statutes / Nonprofit Corporations / §10-3843

Title 10 – Corporations and Associations

Chapter 31 – Directors and officers-nonprofit Corporations

Article 4 – Officers

  • A. 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 date or event. If a resignation is made effective at a later date or event and the corporation accepts the later effective date, its board of directors may fill the pending vacancy before the effective date if the board of directors provides that the successor does not take office until the effective date.
  • B. A board of directors may remove any officer at any time with or without cause.