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Code · Illinois · Chapter 805 — BUSINESS ORGANIZATIONS · Act 105

Sec. 108.55. Removal of Officers.

63 words·~1 min read·/il/chapter-805/act-105/108-55

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Sec. 108.55. Removal of Officers. Any officer or agent may be removed by the board of directors or other persons authorized to elect or appoint such officer or agent but such removal shall be without prejudice to the contract rights, if any, of the person so removed. Election or appointment of an officer or agent shall not of itself create any contract rights.
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