Colorado § 7-108-304 - Contract rights with respect to officers.
Full text of Colorado Colorado Revised Statutes § 7-108-304 — Contract rights with respect to officers., with citation guidance and answers to common questions.
§ 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).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-108-304
What does Colorado Revised Statutes § 7-108-304 cover?
Section 7-108-304 ("Contract rights with respect to officers.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 7-108-304?
A common citation format is "Colorado Revised Statutes § 7-108-304" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 7-108-304 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.