Or. Rev. Stat. § 60.384 – Contract right of officers | Midpage

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Oregon Revised Statutes

Directors and Officers

§ 60.384

Or. Rev. Stat. § 60.384

Contract right of officers

[1987 c.52 §93]

(1) The appointment of an officer does not itself create contract rights.
(2) Removal or resignation of an officer does not affect the contract rights, if any, of the corporation or the officer.

[1987 c.52 §93]