Sec. 33-1113. Contract rights of officers.
Sec. 33-1113. Contract rights of officers. (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.
(P.A. 96-256, S. 83, 209.)
History: P.A. 96-256 effective January 1, 1997.