- (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. 94-186, S. 106, 215.)
History: P.A. 94-186 effective January 1, 1997.