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Petition For Resignation
QUESTION: Owners circulated a petition asking the president and another board member to resign. It was signed by 75% of the membership. Do members have the right to demand their resignation?

: Members can circulate a petition demanding that directors resign but the petition has no legal effect and directors are not obligated to step down. A petition demanding resignation is not the same as a recall petition. If members want to remove directors from the board, they need to circulate a proper petition.

Adams Kessler PLC
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