Except as provided in this Part, term appointments may be renewed by the chief administrative officer of the college for successive periods of not more than three years each; such renewals shall be reported to the chancellor. No term appointment, of itself, shall be deemed to create any manner of legal right, interest or expectancy in any other appointment or renewal.
N.Y. Comp. Codes R. & Regs. Tit. 8 § 335.13