GroundRules
Iowa Code § 490.844: Contract rights of officers.
Where this section sits in the code
- Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)
- Chapter 490 - BUSINESS CORPORATIONS
- Subchapter VIII - DIRECTORS AND OFFICERS
- Part 4 - OFFICERS
1. The election or 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.
Collected 2026-09-14T19:40:12Z. Source file · JSON