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Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 3. NONPROFIT CORPORATIONS · Article 8. DIRECTORS AND OFFICERS · Part 1. BOARD OF DIRECTORS

14-3-807. Resignation of directors.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. (a)

    A director may resign at any time by delivering notice in writing or by electronic transmission to the presiding officer of the board of directors, the secretary, or the chief executive officer or in such other manner as the articles or bylaws may provide.#

  2. (b)

    A resignation is effective when the notice is delivered unless the notice specifies a later effective date or an effective date determined by the happening of an event.#

  3. (c)

    A resignation that is conditioned upon the happening of an event may provide that such resignation is irrevocable.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 14-3-807, enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 2004, p. 508, § 39; Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023.

Amendments

The 2023 amendment, effective July 1, 2023, substituted “to the presiding officer of the board of directors, secretary, or the chief executive officer or in such” for “to the board of directors, its presiding officer, or to the president or secretary, or in such” in subsection (a); added “or an effective date determined by the happening of an event” at the end of subsection (b); and added subsection (c).

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t14-(v12)-pdf.pdf, Volume V12, 2017 edition, 2025 supplement, page 107; merge action: replaced; file SHA-256 b004123363dc.