Section 10-3A-42 Removal of officers. - Alabama Statutes

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Section 10-3A-42

Removal of officers.

Any officer elected or appointed may be removed by the persons authorized to elect or appoint such officer whenever in their judgment the best interests of the corporation will be served thereby. The removal of an officer shall be without prejudice to the contract rights, if any, of the officer so removed. Election or appointment of an officer shall not of itself create contract rights.

(Acts 1984, No. 84-290, p. 502, §27.)

State Codes and Statutes

Statutes > Alabama > Title10 > Chapter3A > 10-3A-42

Section 10-3A-42

Removal of officers.

Any officer elected or appointed may be removed by the persons authorized to elect or appoint such officer whenever in their judgment the best interests of the corporation will be served thereby. The removal of an officer shall be without prejudice to the contract rights, if any, of the officer so removed. Election or appointment of an officer shall not of itself create contract rights.

(Acts 1984, No. 84-290, p. 502, §27.)

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State Codes and Statutes

Statutes > Alabama > Title10 > Chapter3A > 10-3A-42

Section 10-3A-42

Removal of officers.

Any officer elected or appointed may be removed by the persons authorized to elect or appoint such officer whenever in their judgment the best interests of the corporation will be served thereby. The removal of an officer shall be without prejudice to the contract rights, if any, of the officer so removed. Election or appointment of an officer shall not of itself create contract rights.

(Acts 1984, No. 84-290, p. 502, §27.)