The language used in a director’s letter of resignation may determine whether or not it is effective. That’s the conclusion of an unusual case in California where a court held that although two directors submitted letters of resignation to an Islamic Foundation, only one was effective. In a power struggle over control of the Orange County Islamic Foundation, two directors submitted letters of resignation. The bylaws provided that a director “shall continue to serve until his successor is selected and installed.” They also provided that “an exiting member of the Board shall have the right to appoint his successor provided such successor is acceptable to the Majority of the Board.” One of the...