Contract rights of officers
Known as the South Carolina Nonprofit Corporation Act
The act spans §§ 33–33 (186 sections).
1994 Act No. 384, SECTION 1.
(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.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.