Indiana Statutes
§ 28-13-12-4 — Contract rights; effect of election, appointment, or removal
(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,
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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Indiana § 28-13-12-4 (Contract rights; effect of election, appointment, or removal) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.14-1992, SEC.163.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrows