The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
004
:
OFFICERS
(Cite as: 11A V.S.A. § 8.44)
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§ 8.44. Contract rights of officers
(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. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)