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how can i extract myself from an association? I volunteered to be interim Exec Director to get started, incorporated, bank acct, etc. and now I am passing the baton and want to ensure I'm legally no longer affiliated or responsible. Other than transferring the bank account, what do I need to do? It's incorporated in Delaware. Thanks.
The association is a membership professional association with mostly academics and students who have an interest in the particular topic. I have been responsible for all activities, including banking, forming corporation, etc. and am leaving in part because of ethical concerns about the interim board, including violating their own conflict of interest policy, delaying election of leadership as established by bylaws, and generally not getting the idea of running a corporation includes some sense of adherence to rules and fairness. I suppose it's not so much that I believe I have special obligations, only that I am paranoid they will continue to do stupid things. I want to make sure I am legally completely in the clear. Even if it's a letter I can have the board send me saying clearly that I'm relieved of all obligations to and liability from xxx, etc. Thanks.
non-stock, nonprofit corporation, although nonprofit status is still under review by the IRS.
Thank you. You reference DC corporations law but the organization is incorporated in Delaware. Am I held to DC or DE law, or are they different with this regard?