The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
004
:
OFFICERS
(Cite as: 11A V.S.A. § 8.43)
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§ 8.43. Resignation and removal of officers
(a) An officer may resign at any time by delivering notice to the president or other officer
responsible for recording the minutes of the meetings of the shareholders and directors
of the corporation. A resignation is effective when the notice is delivered unless
the notice specifies a later effective date. If a resignation is made effective at
a later date and the corporation accepts the future effective date, its board of directors
may fill the pending vacancy before the effective date if the board of directors provides
that the successor does not take office until the effective date.
(b) A board of directors may remove any officer at any time with or without cause. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)