Contract rights of officers
Known as the Idaho Business Corporation Act
The act spans §§ 30–30 (209 sections).
I.C., § 30-29 -844, as added by 2015, ch. 243, § 63, p. 758; am. 2019, ch. 90, § 97, p. 220.
(1) The election or 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.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.