221.0623 Contract rights of officers. - Wisconsin Statutes

221.0623

221.0623 Contract rights of officers.

221.0623(1)

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

221.0623(2)

(2) Effect of resignation or removal. Except as provided in s. 221.0622 (2), an officer's resignation or removal is subject to any remedies provided by any contract between the officer and the bank or otherwise provided by law.

221.0623 - ANNOT.

History: 1995 a. 336.