Ind. Code § 28-13-9-7
Resignation; notice; effective date
Indiana · Indiana Code Title 28 — Financial Institutions · Status: effective
Cite this
- Citation
- Ind. Code § 28-13-9-7, Resignation; notice; effective date, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1667053
- Permanent ID
ys:prov:1667053@1- SHA-256
6c4de62ee0a330d35530633db30960bd828e2cd06759ccd5a020cb0d61ef71ef
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Sec. 7.
(a) A director may resign at any time by delivering written notice:
(1) to the board of directors, its chairman, or the secretary of the corporation; or
(2) if the articles of incorporation or bylaws so provide, to another designated officer.
(b) A resignation is effective when the notice is delivered unless the notice specifies a later effective date.