Contract rights of officers

  1. Law
  2. District of Columbia Code
  3. Business Organizations. [Enacted title]
  4. Business Corporations
  5. Directors and Officers
  6. Officers
  7. Contract rights of officers

Checkout our iOS App for a better way to browser and research.

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

(b) An officer’s removal shall not affect the officer’s contract rights, if any, with the corporation. An officer’s resignation shall not affect the corporation’s contract rights, if any, with the officer.

(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)


Download our app to see the most-to-date content.