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Section 504.807 - Resignation of directors.

IA Code § 504.807 (2019) (N/A)
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504.807 Resignation of directors.

1. A director of a corporation may resign at any time by delivering written notice to the board of directors, its presiding officer, or the president or secretary.

2. A resignation is effective when the notice is effective unless the notice specifies a later effective date. If a resignation is made effective at a later date, the board may fill the pending vacancy before the effective date if the board provides that the successor does not take office until the effective date.

2004 Acts, ch 1049, §78, 192

Referred to in §504.811

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Section 504.806 - Staggered terms for directors.
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Section 504.808 - Removal of directors elected by members or directors.