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Alabama · Through Act 2026-611

Ala. Code § 10A-2-8.44: Contract Rights of Officers.

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Where this section sits in the code
  1. Title 10A Alabama Business and Nonprofit Entities Code.
  2. Chapter 2 Business Corporations.
  3. Article 8 Directors and Officers.
  4. Division D Officers.

REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

(a) The appointment of an officer does not itself create contract rights.

(b) 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 officer’s contract rights, if any, with the corporation.

Collected 2026-09-03T14:01:53Z. Source file · JSON

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