<P> In corporate law , ultra vires describes acts attempted by a corporation that are beyond the scope of powers granted by the corporation 's objects clause , articles of incorporation or in a clause in its Bylaws , in the laws authorizing a corporation 's formation , or similar founding documents . Acts attempted by a corporation that are beyond the scope of its charter are void or voidable . </P>
<P> In corporate law , ultra vires describes acts attempted by a corporation that are beyond the scope of powers granted by the corporation 's objects clause , articles of incorporation or in a clause in its Bylaws , in the laws authorizing a corporation 's formation , or similar founding documents . Acts attempted by a corporation that are beyond the scope of its charter are void or voidable . </P>
what is an ultra vires act within the context of corporate action
what is an ultra vires act within the context of corporate action
acts attempted by a corporation that are beyond the scope of powers granted by the corporation 's objects clause , articles of incorporation or in a clause in its Bylaws , in the laws authorizing a corporation 's formation , or similar founding documents
acts attempted by a corporation that are beyond the scope of powers granted by the corporation 's objects clause , articles of incorporation or in a clause in its Bylaws , in the laws authorizing a corporation 's formation , or similar founding documents