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Alabama Code 10-2B-8.43 - Resignation and removal of officers

Alabama Code > Title 10 > Chapter 2B > § 10-2B-8.43 - Resignation and removal of officers


Current as of: 2010

(a) An officer may resign at any time by giving notice to the corporation. A resignation is effective when the notice is given unless the notice specifies a later effective date. If a resignation is made effective at a later 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 of directors provides that the successor does not take office until the effective date.

(b) A board of directors may remove any officer at any time with or without cause.

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Alabama Laws: Corporations

Alabama Code > Title 10 > Chapter 2A - Business Corporations
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