Utah Code § 16-10a-833

Current through the 2024 Fourth Special Session
Section 16-10a-833 - Contract rights with respect to officers
(1) The appointment of an officer does not itself create contract rights.
(2) 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.

Utah Code § 16-10a-833

Enacted by Chapter 277, 1992 General Session