Ultra vires: Difference between revisions

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{{a|g|[[File:Dramatic Chipmunk.png|center|frame|Did someone say ''[[ultra vires]]''???]]}}A [[Latinism]] meaning ''beyond its powers'', which crops up usually in the context of a [[corporation]] or governmental authority exceeding the powers and objects 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===
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]].
===Sovereign immunity and ultra vires: not the same===
{{Sovereign immunity and ultra vires}}
{{Sovereign immunity and ultra vires}}
===Don’t mention===
===Don’t mention===
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*[[indemnity]]
*[[indemnity]]
*{{isdama}}
*{{isdama}}
*{{tag|Latin}}
{{ref}}