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Home > QFINANCE Dictionary > Definition of ultra vires activity

Definition of

ultra vires activity


something disallowed by rules an act that is not permitted by applicable rules such as those of a corporate charter. Such acts may lead to contracts being void.

Definitions of ’ultra vires activity’ and meaning of ’ultra vires activity’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’ultra vires activity’ and other financial terms with our online QFINANCE Financial Dictionary.

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