Contract rights with respect to officers

7-108-304. Contract rights with respect to officers. (1) The appointment of an officer does not itself create contract rights. (2) 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. Source: L. 93: Entire article added, p. 786, � 1, effective July 1, 1994. PART 4 STANDARDS OF CONDUCT Editor's note: This part 4 was added in 1994. It was amended with relocations in 2020, resulting in the addition, relocation, or elimination of sections as well as subject matter. For amendments to this part 4 prior to 2020, consult the 2019 Colorado Revised Statutes and the Colorado statutory research explanatory note beginning on page vii in the front of this volume. Former C.R.S. section numbers are shown in editor's notes following those sections that were relocated. Law reviews: For article, The Long and Winding Road to Public Benefit Corporations in Colorado, see 43 Colo. Law. 39 (Jan. 2014).