South Carolina Code 33-8-107. Resignation of directors
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(a) A director may resign by delivering written notice to the board of directors, its chairman, or the corporation.
(b) A resignation is effective when the notice is delivered unless the notice specifies a later effective date.
Terms Used In South Carolina Code 33-8-107
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.