351.365. Removal of officer or agent, when.
67 words·~1 min read·
/mo/chapter-351/351-365A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
351.365. Removal of officer or agent, when. — Any officer or agent elected or appointed by the board of directors may be removed by the board of directors whenever in its judgment the best interests of the corporation will be served thereby, but such removal shall be without prejudice to the contract rights, if any, of the person so removed.
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(L. 1943 p. 410 § 47)