Nebraska Statutes

§ 21-1994 — Contract rights of officers

Nebraska·Ch. 21 Corporations and Other Companies
(a)The appointment of an officer does not itself 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

Source: Laws 1996, LB 681, § 94.

Nearby Sections

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