Contract rights of officers.

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

221.0623 Contract rights of officers.

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

(2) Effect of resignation or removal. Except as provided in s. 221.0622 (2), an officer's resignation or removal is subject to any remedies provided by any contract between the officer and the bank or otherwise provided by law.

History: 1995 a. 336.


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