21-1974. Resignation of directors.
80 words·~1 min read·
/ne/chapter-21/21-1974A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)A director may resign at any time by delivering written notice to the board of directors, its presiding officer, or to the president or secretary.
(b)A resignation is effective when the notice is effective unless the notice specifies a later effective date. If a resignation is made effective at a later date, the board may fill the pending vacancy before the effective date if the board provides that the successor does not take office until the effective date.