What is RESIGNATION OF DIRECTORS?

A director is able to resign at anytime, does not need to be accepted. The withsrawal of an acceptance is not allowed unless agreed to by the firm. The director is not absolved from liabilities rising from past actions.

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Related Legal Terms
POWERS OF DIRECTORS, REMUNERATION OF DIRECTORS, AGE RESTRICTION ON DIRECTORS, RESIGNATION, APPOINTMENT OF DIRECTORS, PROCURATORY OF RESIGNATION, QUALIFICATIONS OF DIRECTORS, DIRECTORS, LIABILITIES OF DIRECTORS, RESPONSIBILITIES OF DIRECTORS


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