Resignation of Directors

4 CMC § 4447 — under Directors and Officers.

4 CMC § 4447

TITLE 4: ECONOMIC RESOURCES

DIVISION 4: CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS

§ 4447. Resignation of Directors. (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. Source: PL 10-7, § 1 (Bus. Corp. Reg. § 8.07).