Resignation of directors.

  1. Law
  2. Oregon Revised Statutes
  3. Business Organizations, Commercial Code
  4. Private Corporations
  5. Resignation of directors.

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(2) A resignation is effective when the notice is effective under ORS 60.034 unless the notice specifies a later effective date.

(3) Once delivered, a notice of resignation is irrevocable unless the board of directors permits the revocation. [1987 c.52 §74; 2017 c.55 §12]


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