617.0842 Resignation and removal of officers.
116 words·~1 min read·
/fl/title-xxxvi/chapter-617/617-0842·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)An officer may resign at any time by delivering notice to the corporation. A resignation is effective when the notice is delivered unless the notice specifies 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 of the pending vacancy.
(2)A board of directors may remove any officer at any time with or without cause. Any officer or assistant officer, if appointed by another officer, may likewise be removed by such officer.