ORS 65.384: Contract rights of officers.

Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07

(1) The appointment of an officer does not itself create contract rights. (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)

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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors065.html