Montana Statutes

§ 35-14-844 — Contract Rights Of Officers

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 14 MONTANA BUSINESS CORPORATION ACT·Part 8 Directors and Officers

35-14-844 . Contract rights of officers.

(1)The election or appointment of an officer does not itself create contract rights.
(2)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

En. Sec. 118, Ch. 271, L. 2019.

Nearby Sections

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