Utah Statutes

§ 16-10a-833 — Contract rights with respect to officers.

Utah·Title 16 Corporations·Ch. 16-10a Utah Revised Business Corporation Act·Part 16-10a-8 Directors and Officers
(1)The 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

Enacted by Chapter 277, 1992 General Session

Nearby Sections

15
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