S.D. Codified Laws § 47-1A-844

Current through the 2024 Legislative Session
Section 47-1A-844 - Contract rights of officers

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

SDCL 47-1A-844

SL 2005, ch 239, §170.