§ 16-10a-833. Contract rights with respect to officers.  


Latest version.
  • (1) The appointment of an officer does not itself create contract rights.
    (2) An officer's removal does not affect the officer's contract rights, if any, with the corporation. An officer's resignation does not affect the corporation's contract rights, if any, with the officer.
Enacted by Chapter 277, 1992 General Session