Montana Code Annotated
Part 8. Directors and Officers
35-14-843. Resignation and removal of officers

35-14-843. Resignation and removal of officers. (1) An officer may resign at any time by delivering a written notice to the corporation. A resignation is effective as provided in 35-14-141(9) unless the notice provides for delayed effectiveness, including effectiveness determined on a future event or events. If effectiveness of a resignation is stated to be delayed and the board of directors or the appointing officer accepts the delay, the board of directors or the appointing officer may fill the pending vacancy before the delayed effectiveness, but the new officer may not take office until the vacancy occurs.
(2) An officer may be removed at any time with or without cause by:
(a) the board of directors;
(b) the appointing officer unless the bylaws or the board of directors provides otherwise; or
(c) any other officer if authorized by the bylaws or the board of directors.
(3) In this section, "appointing officer" means the officer, including any successor to that officer, who appointed the officer resigning or being removed.
History: En. Sec. 117, Ch. 271, L. 2019.

Structure Montana Code Annotated

Montana Code Annotated

Title 35. Corporations, Partnerships, and Associations

Chapter 14. Montana Business Corporation Act

Part 8. Directors and Officers

35-14-801. Board of directors -- requirements -- functions

35-14-802. Qualifications of directors

35-14-803. Directors -- number -- election

35-14-804. Election of directors -- certain classes or series of shares

35-14-805. Terms of directors generally

35-14-806. Staggered terms for directors

35-14-807. Resignation of directors

35-14-808. Removal of directors by shareholders

35-14-809. Removal of directors by judicial proceeding

35-14-810. Vacancy -- board of directors

35-14-811. Compensation of directors

35-14-812. through 35-14-819 reserved

35-14-820. Meetings

35-14-821. Action without meeting

35-14-822. Notice of meeting

35-14-823. Waiver of notice

35-14-824. Quorum and voting

35-14-825. Committees of board

35-14-826. Submission of matters for shareholder vote

35-14-827. through 35-14-829 reserved

35-14-830. Standards of conduct for directors

35-14-831. Standards of liability for directors

35-14-832. Director's liability for unlawful distributions

35-14-833. through 35-14-839 reserved

35-14-840. Officers

35-14-841. Functions of officers

35-14-842. Standards of conduct for officers

35-14-843. Resignation and removal of officers

35-14-844. Contract rights of officers

35-14-845. through 35-14-849 reserved

35-14-850. Definitions -- indemnification and advance for expenses

35-14-851. Permissible indemnification

35-14-852. Mandatory indemnification

35-14-853. Advance for expenses

35-14-854. Court-ordered indemnification and advance for expenses

35-14-855. Determination and authorization of indemnification

35-14-856. Indemnification of officers

35-14-857. Insurance

35-14-858. Variation by corporate action -- application

35-14-859. Exclusivity

35-14-860. Definitions -- director's conflicting interest transactions

35-14-861. Judicial action

35-14-862. Directors' action

35-14-863. Shareholders' action

35-14-864. through 35-14-869 reserved

35-14-870. Business opportunities