Iowa Code § 490.807: Resignation of directors.
Where this section sits in the code
- Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)
- Chapter 490 - BUSINESS CORPORATIONS
- Subchapter VIII - DIRECTORS AND OFFICERS
- Part 1 - BOARD OF DIRECTORS
1. A director may resign at any time by delivering a written notice of resignation to the board of directors or its chair, or to the secretary.
2. A resignation is effective as provided in section 490.141, subsection 9, unless the resignation provides for a delayed effectiveness, including effectiveness determined upon a future 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 2026-09-14T19:40:12Z. Source file · JSON