There is a newer version of the Massachusetts General Laws
2010 Massachusetts Code
PART I ADMINISTRATION OF THE GOVERNMENT
TITLE XXII CORPORATIONS
CHAPTER 156D BUSINESS CORPORATIONS
Section 8.44 Contract rights of officers
MA Gen L ch 156D § 844 What's This?
Section 8.44. CONTRACT RIGHTS OF OFFICERS
(a) The appointment of an officer shall not itself create contract rights.
(b) 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.
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