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Maine · Through October 1, 2025

13-C M.R.S. §807: Resignation of directors

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Where this section sits in the code
  1. TITLE 13-C: MAINE BUSINESS CORPORATION ACT
  2. CHAPTER 8: DIRECTORS AND OFFICERS
  3. SUBCHAPTER 1: BOARD OF DIRECTORS

1. Notice of resignation. A director may resign at any time by delivering a written resignation to the corporation's board of directors or its chair or to the clerk of the corporation.

2. Effective. A resignation is effective when the resignation is delivered unless the resignation specifies a later effective date, including, but not limited to, the date on which some specified future event occurs.

A resignation that is conditioned upon failing to receive a specified vote for election as a director may provide that the resignation is irrevocable.

Collected 2026-09-04T15:12:27Z. Source file · JSON

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