Iowa Code § 504.845

Current through bills signed by governor as of 5/17/2024

Section 504.845 - Contract rights of officers

1. The appointment of an officer of a corporation 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.

Iowa Code § 504.845

2004 Acts, ch 1049, §99, 192