§ 33-8-107

S.C. Code Ann. § 33-8-107

Resignation of directors

Derived from 1976 Code SECTION 33-13-40 [1962 Code SECTION 12-18.4; 1962 (52) 1996; 1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 2]; 1988 Act No. 444, SECTION 2.

Viewing an earlier, undated versionView current

(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.

HISTORY: Derived from 1976 Code SECTION 33-13-40 [1962 Code SECTION 12-18.4; 1962 (52) 1996; 1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 2]; 1988 Act No. 444, SECTION 2.