GroundRules
Wis. Stat. § 221.0623: Contract rights of officers.
Where this section sits in the code
- Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations
- Chapter 221 State Banks
- SUBCHAPTER VI DIRECTORS, OFFICERS AND EMPLOYEES
(1) Effect of appointment. The appointment of an officer does not itself create contract rights.
(2) Effect of resignation or removal. Except as provided in s. 221.0622 (2), an officer’s resignation or removal is subject to any remedies provided by any contract between the officer and the bank or otherwise provided by law.
Collected 2026-09-05T12:01:08Z. Source file · JSON