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OVLY > SEC Filings for OVLY > Form 8-K on 9-Sep-2013All Recent SEC Filings

Show all filings for OAK VALLEY BANCORP

Form 8-K for OAK VALLEY BANCORP


9-Sep-2013

Other Events


ITEM 8.01. OTHER EVENTS.

On August 20, 2013, the Board of Directors of Oak Valley Bancorp (the "Company") accepted the resignation of Mr. Thomas A. Haidlen from its Audit, Compensation and Nominating Committees. The Company had previously made determination that Mr. Haidlen was an independent director. Upon determination by NASDAQ that Mr. Haidlen was not an independent director, Mr. Haidlen resigned from these committees. On September 5, 2013, the Company received a letter from the Listing Qualifications Department of NASDAQ indicating that as a result of Mr. Haidlen's resignation, the Company has regained compliance with the Rules and by disclosing the receipt of such letter, the matter is now closed.

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