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O.C.G.A. § 14-3-807 — Resignation of directors | Georgia Code
O.C.G.A. § 14-3-807 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 14 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Section 3. Nonprofit Corporations, 14-3-101 through 14-3-1703.

ARTICLE 8 DIRECTORS AND OFFICERS

14-3-807. Resignation of directors.

  1. A director may resign at any time by delivering notice in writing or by electronic transmission to the board of directors, its presiding officer, or to the president or secretary, or in such other manner as the articles or bylaws may provide.
  2. A resignation is effective when the notice is delivered unless the notice specifies a later effective date.

(Code 1981, §14-3-807, enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 2004, p. 508, § 39.)

COMMENT

This section is based on the Model Act and on its Business Code counterpart. While the Business Code specifies that written notice of resignation be delivered to "the board of directors, its chairman, or to the corporation," this section follows the Model Act's designation of individuals to whom the notice of resignation may be delivered.

JUDICIAL DECISIONS

Cited in Ahn v. Lee, 221 Ga. App. 247, 471 S.E.2d 38 (1996).

RESEARCH REFERENCES

Am. Jur. 2d.

- 18B Am. Jur. 2d, Corporations, § 1201 et seq.

C.J.S.

- 19 C.J.S., Corporations, § 518 et seq.

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This Georgia Code resource is curated by this site's author, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.