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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.20.126. Removal of officers - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-20-126/
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