Montana Code Annotated
Part 4. Directors and Officers -- Indemnification
35-2-442. Resignation and removal of officers

35-2-442. Resignation and removal of officers. (1) An officer may resign at any time by delivering notice to the corporation. A resignation is effective when the notice is effective unless the notice specifies a future effective date. If a resignation is made effective at a future date and the corporation accepts the future effective date, its board of directors may fill the pending vacancy before the effective date if the board provides that the successor does not take office until the effective date.
(2) A board may remove any officer at any time, with or without cause.
History: En. Sec. 98, Ch. 411, L. 1991.

Structure Montana Code Annotated

Montana Code Annotated

Title 35. Corporations, Partnerships, and Associations

Chapter 2. Nonprofit Corporations

Part 4. Directors and Officers -- Indemnification

35-2-401. Repealed

35-2-402. Repealed

35-2-403. Repealed

35-2-404. Repealed

35-2-405. Repealed

35-2-406. Repealed

35-2-407. Repealed

35-2-408. Repealed

35-2-409. Repealed

35-2-410. Repealed

35-2-411. Repealed

35-2-412. Repealed

35-2-413. Repealed

35-2-414. Requirement for and duties of board

35-2-415. Qualifications and numbers of directors

35-2-416. General standards for directors

35-2-417. Election, designation and appointment of directors

35-2-418. Director conflict of interest

35-2-419. Terms of directors generally -- staggered terms

35-2-420. Resignation of directors

35-2-421. Removal of directors elected by members or directors

35-2-422. Removal of designated or appointed directors

35-2-423. Removal of directors by judicial proceeding

35-2-424. Vacancy on board

35-2-425. Compensation of directors

35-2-426. reserved

35-2-427. Regular and special meetings

35-2-428. Action without meeting

35-2-429. Call and notice of meetings

35-2-430. Waiver of notice

35-2-431. Quorum and voting

35-2-432. reserved

35-2-433. Committees of the board

35-2-434. reserved

35-2-435. Loans to or guaranties for directors and officers

35-2-436. Liability for unlawful distributions

35-2-437. and 35-2-438 reserved

35-2-439. Required officers

35-2-440. Duties and authority of officers

35-2-441. Standards of conduct for officers

35-2-442. Resignation and removal of officers

35-2-443. Contract rights of officers

35-2-444. Officers' authority to execute documents

35-2-445. reserved

35-2-446. Definitions

35-2-447. Authority to indemnify

35-2-448. Mandatory indemnification

35-2-449. Advance for expenses

35-2-450. Court-ordered indemnification

35-2-451. Determination and authorization of indemnification

35-2-452. Indemnification of officers, employees, and agents

35-2-453. Insurance

35-2-454. Application