55-8-07. Resignation of directors.
(a) A director may resign at any time by communicating his resignation to the board of directors, its chair, or the corporation.
(b) A resignation is effective when it is communicated unless it specifies in writing a later effective date or subsequent event upon which it will become effective. (1955, c. 1371, s. 1; 1959, c. 1316, s. 34; 1973, c. 469, s. 7; 1989, c. 265, s. 1; 2001-358, s. 6(c); 2001-387, ss. 173, 175(a); 2001-413, s. 6.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 55 - North Carolina Business Corporation Act
Article 8 - Directors and Officers.
§ 55-8-01 - Requirement for and duties of board of directors.
§ 55-8-02 - Qualifications of directors.
§ 55-8-03 - Number and election of directors.
§ 55-8-04 - Election of directors by certain classes of shareholders.
§ 55-8-05 - Terms of directors generally.
§ 55-8-06 - Staggered terms for directors.
§ 55-8-07 - Resignation of directors.
§ 55-8-08 - Removal of directors by shareholders.
§ 55-8-09 - Removal of directors by judicial proceeding.
§ 55-8-11 - Compensation of directors.
§ 55-8-21 - Action without meeting.
§ 55-8-22 - Notice of meeting.
§ 55-8-24 - Quorum and voting.
§ 55-8-26 - Submission of matters for shareholder vote.
§ 55-8-30 - General standards for directors.
§ 55-8-31 - Director conflict of interest.
§ 55-8-32 - Loans to directors.
§ 55-8-33 - Liability for unlawful distributions.
§ 55-8-41 - Duties of officers.
§ 55-8-42 - Standards of conduct for officers.
§ 55-8-43 - Resignation and removal of officers.
§ 55-8-44 - Contract rights of officers.
§ 55-8-50 - Policy statement and definitions.
§ 55-8-51 - Authority to indemnify.
§ 55-8-52 - Mandatory indemnification.
§ 55-8-53 - Advance for expenses.
§ 55-8-54 - Court-ordered indemnification.
§ 55-8-55 - Determination and authorization of indemnification.
§ 55-8-56 - Indemnification of officers, employees, and agents.