(a) A director may resign at any time by delivering written notice to the board of directors, its chairman, or to the corporation.
(b) A resignation is effective when the notice is delivered unless the notice specifies a later effective date.
Ark. Code Ann. § 4-27-807 — under Business Corporation Act of 1987.
Ark. Code Ann. § 4-27-807
(a) A director may resign at any time by delivering written notice to the board of directors, its chairman, or to the corporation.
(b) A resignation is effective when the notice is delivered unless the notice specifies a later effective date.