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§ 29-406-44 — District of Columbia Law | CourtGPT
  1. Home/
  2. Laws/
  3. District of Columbia/
  4. Title 29 - Business Organizations. [Enacted Title]/
  5. Chapter 4 - Nonprofit Corporationssub/
  6. Subchapter VI - Directors, Officers, and Employees/
  7. Part D - Officers§ 29–406.40. Officers/
  8. § 29-406-44
District of Columbia Legal Code

§ 29-406-44

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44. Contract rights of officers. (a) The appointment of an officer shall not itself create contract rights. (b) An officer’s removal shall not affect the officer’s contract rights, if any, with the nonprofit corporation. An officer’s resignation shall not affect the corporation’s contract rights, if any, with the officer. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)