Officer's contract rights
Known as the Missouri Nonprofit Corporation Act
The act spans §§ 355–355 (165 sections).
Effective: 01 Jul 1995, see footnote; (L. 1994 H.B. 1095)
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.
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.