Montana Statutes
§ 35-2-443 — Contract Rights Of Officers
Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 2 NONPROFIT CORPORATIONS·Part 4 Directors and Officers -- Indemnification
35-2-443 . Contract rights of officers.
(1)The appointment of an officer does not of 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. 99, Ch. 411, L. 1991.
Nearby Sections
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Repealed§ 35-2-109
Repealed§ 35-2-110
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Repealed§ 35-2-1102
Repealed