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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 29-306.07: Resignation of directors.

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Where this section sits in the code
  1. Title 29. Business Organizations. [Enacted title]
  2. Chapter 3. Business Corporations.
  3. Subchapter VI. Directors and Officers.
  4. 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

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