Idaho Statutes

§ 30-29-844 — CONTRACT RIGHTS OF OFFICERS

Idaho·Title 30 CORPORATIONS·Part 8 DIRECTORS AND OFFICERS·Ch. 29 GENERAL BUSINESS CORPORATIONS
(a)The election or 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 corporation’s contract rights, if any, with the officer.

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Legislative History

[30-29-844, added 2015, ch. 243, sec. 63, p. 934; am. 2019, ch. 90, sec. 97, p. 280.]

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