Oregon Statutes 65.384 – Contract rights of officers
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(1) The appointment of an officer does not itself create contract rights.
Terms Used In Oregon Statutes 65.384
- Contract: A legal written agreement that becomes binding when signed.
(2) Removal or resignation of an officer does not affect the contract rights, if any, of the corporation or the officer. [1989 c.1010 § 97]
(Indemnification)