§ 823.
73 words·~1 min read·
/vt/823A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 823. Resignation and removal of officers
(a)The board of directors may remove an officer at any time with or without cause.
(b)An officer of a mutual benefit enterprise may resign at any time by giving notice in a record to the enterprise. Unless the notice specifies a later time, the resignation is effective when the notice is given. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)