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the Nebraska Revised Statutes
2012 Nebraska Revised Statutes
Chapter 21 - CORPORATIONS AND OTHER COMPANIES
21-20,101 - Contract rights of officers.
Universal Citation:
21-20,101. Contract rights of officers.
NE Code § 21-20,101 (2012)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
(1) The appointment of an officer shall not itself create any 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.
Source
- Laws 1995, LB 109, § 101.
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