§ 23B.08.440. Contract rights of officers
(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.
[1989 c 165 § 104.]
Sections: Previous 23B.08.300 23B.08.310 23B.08.320 23B.08.400 23B.08.410 23B.08.420 23B.08.430 23B.08.440 23B.08.500 23B.08.510 23B.08.520 23B.08.530 23B.08.540 23B.08.550 23B.08.560 NextLast modified: April 7, 2009