§414-197  Resignation of directors. (a)  A director may resign at any time by delivering notice given in writing orby electronic transmission to the board of directors, its chairperson, or thecorporation.

(b)  A resignation is effective when the noticeis delivered unless the notice specifies a later effective date. [L 2000, c244, pt of §1; am L 2002, c 130, §21]