La. Corporations and Associations § 12:1-844

Current with changes from the 2024 Legislative Session

Section 12:1-844 - Contract rights of officers

A. The appointment of an officer does not itself create contract rights.

B. 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.

Acts 2014, No. 328, §1, eff. Jan. 1, 2015.

Added by Acts 2014, No. 328,s. 1, eff. 1/1/2015.