(a) Unless otherwise provided by the governing documents of a domestic entity, an officer may be removed for or without cause by the governing authority or as provided by the governing documents of the entity. The removal of an officer does not prejudice any contract rights of the person removed.
(b) Election or appointment of an officer does not by itself create contract rights.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 1 - General Provisions.
Article 3 - Formation and Governance.
Division C - Governing Persons and Officers.
Section 10A-1-3.21 - Rights of Governing Persons in Certain Cases.
Section 10A-1-3.22 - Officers.