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Section 48-58-107 - Resignation of directors — Tennessee Law | CourtGPT
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  4. Title 48 - Corporations and Associations Securities (§§ 48-1-101 — 48-1-201)/
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  6. Chapter 58 - Directors and Officers/
  7. Part 1 - Board of Directors/
  8. Section 48-58-107 - Resignation of directors
Tennessee Legal Code

Section 48-58-107 - Resignation of directors

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(a) A director may resign at any time by delivering written notice to the board of directors, its chair or president, or to the corporation.(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.Acts 1987, ch. 242, § 8.07.