Wisconsin Statutes 180.0807 – Resignation of directors
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Terms Used In Wisconsin Statutes 180.0807
- 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.
(1) A director may resign at any time by delivering written notice that complies with s. 180.0141 to the board of directors, to the chairperson of the board of directors or to the corporation.
(2) A resignation is effective when the notice is delivered unless the notice specifies a later effective date.