Contract rights of officers
Known as the Hawaii Business Corporation Act
The act spans §§ 414–414 (199 sections).
L 2000, c 244, pt of §1
(a) The appointment or election 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.
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.