Home/Pennsylvania/Statutes/Title 15: CORPORATIONS AND UNINCORPORATED ASSOCIATIONS/Part: PART II/Ch. 17: OFFICERS, DIRECTORS AND SHAREHOLDERS/Subch.: DIRECTORS AND OFFICERS/§ 1733
Pennsylvania Statutes

§ 1733 — Removal of officers and agents

Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART II·Ch. 17 OFFICERS, DIRECTORS AND SHAREHOLDERS·Subch. DIRECTORS AND OFFICERS
Any officer or agent of a business corporation may be removed by the board of directors with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person so removed. Election or appointment of an officer or agent shall not of itself create contract rights.

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Nearby Sections

15
§ 1701
Applicability of subchapter
§ 1702
Manner of giving notice
§ 1703
Place and notice of meetings of board of directors
§ 1704
Place and notice of meetings of shareholders
§ 1705
Waiver of notice
§ 1706
Modification of proposal contained in notice
§ 1707
Exception to requirement of notice
§ 1708
Use of conference telephone or other electronic technology
§ 1709
Conduct of shareholders meeting
§ 1711
Alternative provisions
§ 1712
Standard of care, justifiable reliance and business judgment rule
§ 1713
Personal liability of directors
§ 1714
Presumption of assent
§ 1715
Exercise of powers generally
§ 1716
Alternative standard
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