Montana Title 35. Corporations, Partnerships, and Associations § 35-14-843. Resignation and removal of officers
Current as of April 27, 2021 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
(1) An officer may resign at any time by delivering a written notice to the corporation. A resignation is effective as provided in 35-14-141(9) unless the notice provides for delayed effectiveness, including effectiveness determined on a future event or events. If effectiveness of a resignation is stated to be delayed and the board of directors or the appointing officer accepts the delay, the board of directors or the appointing officer may fill the pending vacancy before the delayed effectiveness, but the new officer may not take office until the vacancy occurs.
(2) An officer may be removed at any time with or without cause by:
(a) the board of directors;
(b) the appointing officer unless the bylaws or the board of directors provides otherwise; or
(c) any other officer if authorized by the bylaws or the board of directors.
(3) In this section, “appointing officer” means the officer, including any successor to that officer, who appointed the officer resigning or being removed.
Cite this article: FindLaw.com - Montana Title 35. Corporations, Partnerships, and Associations § 35-14-843. Resignation and removal of officers - last updated April 27, 2021 | https://codes.findlaw.com/mt/title-35-corporations-partnerships-and-associations/mt-code-ann-sect-35-14-843.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?