Title 13.1. Corporations
Chapter 10. Virginia Nonstock Corporation Act
This section has more than one version with varying effective dates. Scroll down to see all versions.
§ 13.1-859. (Effective until January 1, 2027) Resignation of directors.
A. A director may resign at any time by delivering written notice to the board of directors, its chairman, the president, or the secretary.
B. A resignation is effective when the notice is delivered unless the notice specifies a later effective time. If a resignation is made effective at a later time, the board of directors may fill the pending vacancy before the effective time if the board of directors provides that the successor does not take office until the effective time.
C. Any person who has resigned as a director of a corporation, or whose name is incorrectly on file with the Commission as a director of a corporation, may file a statement to that effect with the Commission.
D. Upon the resignation of a director, the corporation may file an amended annual report with the Commission indicating the resignation of the director and the successor in office, if any.
1985, c. 522; 1991, c. 124; 2007, c. 925.
§ 13.1-859. (Effective January 1, 2027) Resignation of directors.
A. A director may resign at any time by delivering a written notice of resignation to the board of directors, its chair, the president, or the secretary of the corporation.
B. A resignation is effective as provided in subsection I of § 13.1-810 unless the resignation provides for a delayed effective time including a delayed effective time determined upon a future event. If a resignation provides for a delayed time, the board of directors may fill the pending vacancy before the effective time of the resignation if the board of directors provides that the successor does not take office until the effective time of the resignation.
C. Any person whose name is of record in the office of the clerk of the Commission as a director of a corporation who has resigned or whose name is incorrectly of record may file a statement to that effect with the Commission.
D. Upon the resignation of a director, the corporation may file an amended annual report with the Commission indicating the resignation of the director and the successor in office, if any.
1985, c. 522; 1991, c. 124; 2007, c. 925; 2026, cc. 393, 394.
