Ultra Vires
A Latin term meaning `Outside the powers'. Ultra vires becomes relevant when lending to a corporate body, which may not be permitted to borrow under its Memorandum.
Ultra Vires Activities
Financial & Investment Dictionary:
Ultra Vires Activities
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ultra vires activities
actions of a corporation that are not authorized by its charter and that may therefore lead to shareholder or third-party suits.
See also articles of incorporation ...
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Ultra vires - Refers to an action outside the proper authority or power of a corporation or corporate officer as established in the corporate charter (Latin for "beyond the power").
Ultra vires activities
Corporate actions and operations that are not sanctioned by corporate charter, sometimes leading to shareholder lawsuits.
Umbrella personal liability policy ...
Ultra Vires Activities
Corporate activities that are not sanctioned by its charter and thus may lead to shareholder or third-party law suits.
See: Articles Of Incorporation; Corporate Charter ...
Ultra Vires Acts
Any act that lies beyond the authority of a corporation to perform. Ultra Vires acts fall outside the powers that are specifically listed in a corporate charter or state law.
ultra vires activities Activities undertaken by a corporation that are not explicitly set out in the... umbrella liability insurance Additional liability insurance for firms or individuals covering claims greater...
Ultra Vires
Actions by a body that fall outside the remit of its charter and might lead to legal action by affected parties....(Read more)
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The ISO 4217 currency code for the Uzbekistan Sum.
Ultra vires activities
Corporate actions and operations that are not sanctioned by corporate charter, sometimes leading to shareholder lawsuits.
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An award may, however, be set aside where the arbitrator has misconducted himself (an arbitrator may also be removed by the court on the ground of misconduct), or where it is ultra vires, ...
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 See also: Unlimited liability, Unissued stock, Liability insurance, Corporate charter, Bond discount
  
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