Neb. Rev. Stat. §§ 21-2,109

Current with changes through the 2024 First Special Legislative Session

Section 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.

Neb. Rev. Stat. §§ 21-2,109

Laws 2014, LB 749, § 109.