If we have a 5013c corporation, is an electronic letter of resignation legal?
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If we have a 5013c corporation, is an electronic letter of resignation legal?
When does a resignation become effective? Who needs to accept it, i.e. president, secretary, etc.? Once the resignation has been acccepted and the individual notified of the acceptance can the individual change their mind and rescind the resignation? Can a board member make a motion to rescind the resignation once it has been accepted? Is that motion and the following vote legal under state law or any other circumstances?
Asked on January 4, 2013 under Business Law, Florida
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Under the laws of all states in this country to effectively resign you need to send a handwritten letter as to such. An electronic resignation does not suffice. Resignation becomes effective upon mailing. Once the resignation is accepted it is a done deal.
Once a resignation happens a board member cannot rescind the resignation. An officer of the entity has to receive the resignation.
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