District of Columbia Statutes
§ 29-306.44 — Contract rights of officers.
District of Columbia § 29-306.44
JurisdictionDistrict of Columbia
Title 29Business Organizations. [Enacted title]
Ch. 3Business Corporations.
Subch. VIDirectors and Officers.
Part DOfficers.
This text of District of Columbia § 29-306.44 (Contract rights of officers.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 29-306.44 (2026).
Text
(a)The appointment of an officer shall not itself create contract rights.
(b)An officer’s removal shall not affect the officer’s contract rights, if any, with the corporation. An officer’s resignation shall not affect the corporation’s contract rights, if any, with the officer.
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Legislative History
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720
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Dual capacity.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 29-306.44, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-306.44.