GEORGIA CODE (Last Updated: August 20, 2013) |
Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS |
Chapter 3. NONPROFIT CORPORATIONS |
Article 8. DIRECTORS AND OFFICERS |
Part 4. OFFICERS |
Section 14-3-844. Contract rights of officers
Latest version.
- (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.
Code 1981, § 14-3-844, enacted by Ga. L. 1991, p. 465, § 1.