1. MCA Contents
  2. TITLE 35
  3. CHAPTER 14
  4. Part 8
  5. 35-14-844 Contract rights of officers

Montana Code Annotated 2019

TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 14. MONTANA BUSINESS CORPORATION ACT(Effective June 1, 2020)

Part 8. Directors and Officers(Effective June 1, 2020)

Contract Rights Of Officers

35-14-844. Contract rights of officers. (1) The election or appointment of an officer does not 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. 118, Ch. 271, L. 2019.