Contract rights of officers

  1. Law
  2. Arkansas Code
  3. Business and Commercial Law
  4. Corporations and Associations
  5. The Arkansas Nonprofit Corporation Act of 1993
  6. Directors and Officers
  7. Officers
  8. Contract rights of officers

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  1. (a) The appointment of an officer does not itself create contract rights.

  2. (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.


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