(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.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993
Subchapter 8 - Directors and Officers
§ 4-33-801. Requirement for and duties of board
§ 4-33-802. Qualification of directors
§ 4-33-803. Number of directors
§ 4-33-804. Election, designation and appointment of directors
§ 4-33-805. Terms of directors generally
§ 4-33-806. Staggered terms for directors
§ 4-33-807. Resignation of directors
§ 4-33-808. Removal of directors elected by members or directors
§ 4-33-809. Removal of designated or appointed directors