Form with which the board of directors of a corporation accepts the resignation of a corporate officer.
Resignation Officer With Director In Georgia
Category:
State:
Multi-State
Control #:
US-0005-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
(b) An officer may be removed at any time with or without cause by: (1) The board of directors; (2) The officer who appointed such officer, unless the bylaws or the board of directors provide otherwise; or (3) Any other officer if authorized by the bylaws or the board of directors.
Officers of a corporations can be amended by filing Articles of Amendment with the state of formation. Before doing so the board of directors needs to have a meeting and vote on the new officer to replace the old one, and have it reflected in the minutes of that meeting and entered into the bylaws of the corporation.
You simply resign. Submit a written statement to the board of directors informing them of your resignation and its effective date. Resigning won't cut off anyone's right to try and sue you for wrongful acts you committed while you were an officer.
(a) A registered agent may resign his or her agency appointment by signing and delivering to the Secretary of State for filing a statement of resignation. The statement may include a statement that the registered office is also discontinued.
How do I change an officer(s) of a corporation? Officer changes are made by filing an annual registration. The registration may be filed, and changes made, online or with a paper form.
How to Remove an Officer from a Corporation Consult your corporation's bylaws. Submit charges to the corporate secretary. Hold a vote. Inform the officer in writing. Inform the Secretary of State (or equivalent) ... Amend your corporate bylaws.
Filing of Form DIR-12: The company must then file Form DIR-12 with the Registrar of Companies (ROC). This form serves as a notification of the director's resignation or removal, including cases where the position is vacated due to absence from meetings.
Review Corporate Bylaws and Contracts For instance, a company might have in its bylaws that an officer can be removed if two-thirds of the board of directors votes in favor of the removal. Alternatively, the officer's contract might stipulate specific circumstances under which they can be terminated.
Sec. 7.5 (a) Any officer may resign at any time upon written notice of resignation to the Board, the President, or the Secretary. Any such resignation shall take effect upon receipt of such notice or at any later time specified therein.
