Ultra vires: Difference between revisions

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A latinism meaning ''beyond its powers'', which crops up usually in the context of a [[corporation]] or governmental authority exceeding the powers and objects as set out in its [[memorandum and articles of association]] or charter. Also of some relevance also to a [[Trust]].
{{a|latin|{{subtable|[[File:Dramatic Chipmunk.png|center|frameless]]<center>Did someone say ''[[ultra vires]]''???</center>}}}}{{ultravires capsule}}
===[[Sovereign immunity]] and [[ultra vires]]: not the same===
{{Sovereign immunity and ultra vires}}
===Don’t mention===
[[derivatives]] and [http://www.nytimes.com/1994/12/08/business/orange-county-s-bankruptcy-the-temptations-the-search-for-municipal-cowboys.html Orange County] or [[Hammersmith and Fulham council]]


In that most valuable and intellectually rewarding pastime of checking a combatant's {{tag|capacity and authority}}, ultra vires is the principle concern should it not have the capacity to transact in your chose kind of {{tag|derivative}}. These days it is a rather old fashioned notion as far as a corporation goes - in most sensible jurisdicitons it has been partly or entirely ruled out by legislation, but it is liable to induce butterflies if one is dealing with a [[local authority]].
{{sa}}
 
*[[Capacity]]
===Don't mention===
*{{casenote|Hazell|Hammersmith and Fulham LBC}}
[[derivatives]] and [http://www.nytimes.com/1994/12/08/business/orange-county-s-bankruptcy-the-temptations-the-search-for-municipal-cowboys.html Orange County] or [http://www.ft.com/cms/s/0/0f1fe74a-2b1b-11df-93d8-00144feabdc0.html?siteedition=uk#axzz3DZDkuH4W Hammersmith and Fulham].
 
===See also===
*[[Due diligence]]
*[[Due diligence]]
*[[indemnity]]
*[[indemnity]]
*{{isdama}}
*{{isdama}}
{{ref}}