2018 Nebraska Revised Statutes
Chapter 21 - CORPORATIONS AND OTHER COMPANIES
21-2,109 Contract rights of officers.

Universal Citation: NE Code § 21-2,109 (2018)

21-2,109. Contract rights of officers.

(MBCA 8.44) (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.

Source

  • Laws 2014, LB749, ยง 109.

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