D.C. Code § 29-306.07: Resignation of directors.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 3. Business Corporations.
- Subchapter VI. Directors and Officers.
- Part A. Board of Directors.
(a)
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.
(b)
A resignation shall be 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.
Collected 2026-08-29T05:44:07Z. Source file · JSON