§414D-156  Resignation and removal of
officers.  (a)  An officer may resign at any time by delivering notice to
the corporation.  A resignation is effective when the notice is effective
unless the notice specifies a future effective date.  If a resignation is made
effective at a future date and the corporation accepts the future effective
date, its board of directors may fill the pending vacancy before the effective
date if the board provides that the successor does not take office until the
effective date.



(b)  Except as otherwise provided in the
articles of incorporation or bylaws, a board may remove any officer at any time
with or without cause. [L 2001, c 105, pt of §1; am L 2002, c 130, §55]