§ 18-441-823. Resignation and removal of officers.  


Latest version.
  • RESIGNATION AND REMOVAL OF OFFICERS.

    (a)  The board of directors may remove an officer at any time with or without cause.

    (b)  An officer of a limited cooperative association may resign at any time by giving notice in a record to the association.  Unless the notice specifies a later time, the resignation is effective when the notice is given.

Added by Laws 2009, c. 68, § 88, eff. Jan. 1, 2010.