§ 806.
55 words·~1 min read·
/vt/806A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 806. Resignation of director
A director may resign at any time by giving notice in a record to the mutual benefit enterprise. Unless the notice states a later effective date, a resignation is effective when the notice is received by the enterprise. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)