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Utah Code Title 16. Corporations § 16-6a-807. Resignation of directors

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) A director may resign at any time by giving written notice of resignation to the board's chair, the nonprofit corporation's secretary, or as otherwise provided in the bylaws.

(2) A resignation of a director is effective when the notice is received by the nonprofit corporation unless the notice specifies a later effective date.

(3) A director who resigns may deliver to the division for filing a statement that the director resigns pursuant to Section 16-6a-1608.

(4) The failure to attend or meet obligations shall be effective as a resignation at the time of the board of director's vote to confirm the failure if:

(a) at the beginning of a director's term on the board, the bylaws provide that a director may be considered to have resigned for failing to:

(i) attend a specified number of board meetings; or

(ii) meet other specified obligations of directors; and

(b) the failure to attend or meet obligations is confirmed by an affirmative vote of the board of directors.

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Cite this article: FindLaw.com - Utah Code Title 16. Corporations § 16-6a-807. Resignation of directors - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-16-corporations/ut-code-sect-16-6a-807/

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