A corporation's actions that are not authorized by its charter and may lead to shareholder lawsuits.
Related information about ultra vires activities:
- Ultra vires activities - The Free Dictionary
(Law) (predicative) Law beyond the legal power or authority of a person, corporation, agent, etc. [Latin, literally: beyond strength]. ThesaurusLegend: Synonyms ...
- Ultra Vires Activities - Financial Dictionary - The Free Dictionary
Corporate actions and operations that are not sanctioned by corporate charter, sometimes leading to shareholder lawsuits.
- Ultra vires activities - Legal Dictionary - The Free Dictionary
[Latin, Beyond the powers.] The doctrine in the law of corporations that holds that if a corporation enters into a contract that is beyond the scope of its corporate ...
- What are Ultra Vires Activities?
Ultra vires activities are any type of business activity or action that is taken by a corporation, but is not sanctioned by the regulations outlined in the company ...
- What is ultra vires activities? - InvestorWords.com
Definition of ultra vires activities: A corporation's actions that are not authorized by its charter and may lead to shareholder lawsuits.
- Ultra Vires Activities: Definition from Answers.com
actions of a corporation that are not authorized by its charter and that may therefore lead to shareholder or third-party suits.
- What is ultra vires activities? - BusinessDictionary.com
Definition of ultra vires activities: Corporate activities that are at odds with its charter. activities can expose the corporation to liability if shareholders believe the ...
- Legal Latin - Ultra vires
... of the company or the laws of the state of incorporation. e.g. “The School Board engaged in a variety of ultra vires activities.” Compare intra vires (within limited ...