Indiana Statutes
§ 23-17-14-4 — Election, appointment, resignation, or removal; contract rights
Indiana § 23-17-14-4
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 17NONPROFIT CORPORATIONS
Ch. 14Officers
This text of Indiana § 23-17-14-4 (Election, appointment, resignation, or removal; contract rights) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 23-17-14-4 (2026).
Text
(a)The election or appointment of an officer
does not create contract rights.
(b)An officer's removal does not affect the officer's contract rights
with the corporation. An officer's resignation does not affect the
corporation's contract rights with the officer. Removal or resignation of
an officer does not affect the contract rights of the officer or the
corporation.
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Legislative History
As added by P.L.179-1991, SEC.1.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-17-14-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-17-14-4.