§414D-137 - Resignation of directors. - Hawaii Statutes

     [§414D-137]  Resignation of directors.  (a)  A director may resign at any time by delivering written notice to the board of directors, its presiding officer, or to the president or secretary.

     (b)  A resignation is effective when the notice is effective, unless the notice specifies a later effective date.  If a resignation is made effective at a later date, the board may fill the pending vacancy before the effective date if the board provides that the successor does not take office until the effective date. [L 2001, c 105, pt of §1]