Alaska Statutes (Last Updated: January 11, 2017) |
Title 10. CORPORATIONS AND ASSOCIATIONS. |
Chapter 10.20. ALASKA NONPROFIT CORPORATION ACT. |
Article 10.20.01. SUBSTANTIVE PROVISIONS. |
Section 10.20.126. Removal of officers.
Latest version.
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An officer or agent may be removed by the board of directors, or by the executive committee, whenever in its judgment the best interests of the corporation will be served. Removal is without prejudice to the contract rights of the person removed. Election or appointment of an officer or agent does not of itself create contract rights.
Notes
History
(Sec. 1 ch 99 SLA 1968)