16-6a-807. Resignation of directors.
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Effective 5/12/2015
16-6a-807. Resignation of directors.
(1)A director may resign at any time by giving written notice of resignation to the board's chair, the nonprofit corporation's secretary, or as otherwise provided in the bylaws.
(2)A resignation of a director is effective when the notice is received by the nonprofit corporation unless the notice specifies a later effective date.
(3)A director who resigns may deliver to the division for filing a statement that the director resigns pursuant to Section 16-6a-1608 .
(4)The failure to attend or meet obligations shall be effective as a resignation at the time of the board of director's vote to confirm the failure if:
(a)at the beginning of a director's term on the board, the bylaws provide that a director may be considered to have resigned for failing to:
(i)attend a specified number of board meetings; or
(ii)meet other specified obligations of directors; and
(b)the failure to attend or meet obligations is confirmed by an affirmative vote of the board of directors.
Amended by Chapter 240 , 2015 General Session