Mont. Code Ann. § 35-2-443 – Contract rights of officers | Midpage

Collections
Montana Code Annotated

§ 35-2-443

Mont. Code Ann. § 35-2-443

Contract rights of officers

En. Sec. 99, Ch. 411, L. 1991.

(1) The appointment of an officer does not of 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.

History: En. Sec. 99, Ch. 411, L. 1991.