Indiana Statutes
§ 28-13-12-4 — Contract rights; effect of election, appointment, or removal
Indiana § 28-13-12-4
This text of Indiana § 28-13-12-4 (Contract rights; effect of election, appointment, or removal) 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 § 28-13-12-4 (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,
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
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
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Bluebook (online)
Indiana § 28-13-12-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-13-12-4.