West Virginia Code 31E-8-808 – Resignation of directors
Current as of: 2023 | Check for updates
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(a) A director may resign at any time by delivering written notice to the board of directors, the chair of the board of directors or the corporation.
Terms Used In West Virginia Code 31E-8-808
- board of directors: means the group of persons vested with management of the affairs of the corporation irrespective of the name by which the group is designated. See West Virginia Code 31E-1-150
- 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 when the notice is delivered unless the board of directors agree to a later effective date.