West Virginia Code 31D-8-843 – Resignation and removal of officers
Current as of: 2023 | Check for updates
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(a) An officer may resign at any time by delivering notice to the corporation. A resignation is effective when the notice is delivered unless the board of directors agree to a later effective date. If a resignation is made effective at a later date and the corporation accepts the future effective date, its board of directors may fill the pending vacancy before the effective date if the board of directors provides that the successor does not take office until the effective date.
Terms Used In West Virginia Code 31D-8-843
- 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 board of directors may remove any officer at any time with or without cause.