GroundRules
35-2-443: Contract rights of officers.
Where this section sits in the code
- TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
- CHAPTER 2. NONPROFIT CORPORATIONS
- Part 4. Directors and Officers -- Indemnification
(1) The appointment of an officer does not of 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 2026-09-14T04:53:09Z. Source file · JSON