Ky. Rev. Stat. § 271B.8-440

Current through Acts Received April 24, 2024

Section 271B.8-440 - Contract rights of officers

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

(2) 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.

KRS 271B.8-440

Effective:1/1/1989
Created 1988 Ky. Acts ch. 23, sec. 93, effective1/1/1989.