There is a newer version of the Arizona Revised Statutes
2011 Arizona Revised Statutes
Title 10 Corporations and Associations
10-844 Contract rights of officers
AZ Rev Stat § 10-844 (1996 through 1st Reg Sess 50th Legis) What's This?
10-844. 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.
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