Mass. Gen. Laws ch. 156D § 8.44

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 156D: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.

Mass. Gen. Laws ch. 156D, § 8.44

Added by Acts 2003, c. 127, § 17, eff. 7/1/2004.