(a) A director may resign at any time by delivering a written notice of resignation to the board of directors or its chair, to the secretary, or to the nonprofit corporation.
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Terms Used In Alabama Code 10A-3A-8.07

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(b) A resignation is effective as provided in Section 10A-3A-1.03(i) unless the resignation provides for a delayed effectiveness, including effectiveness determined upon a future event or events.
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