ARS § 10-3844. Contract rights of officers

ARS § 10-3844. Contract rights of officers 2013-10-05T15:30:37+00:00

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.

Get the free Common Nonprofit Corporation Mistakes Article

FREE

Download the free article written by an Arizona nonprofit attorney who has formed 200+ Arizona nonprofit corporations.