{"id":563,"date":"2022-10-04T10:30:28","date_gmt":"2022-10-04T10:30:28","guid":{"rendered":"https:\/\/webfastsg.com\/offshore\/?post_type=encyclopedia&p=563"},"modified":"2022-10-04T10:30:28","modified_gmt":"2022-10-04T10:30:28","slug":"ultra-vires","status":"publish","type":"encyclopedia","link":"https:\/\/webfastsg.com\/offshore\/encyclopedia\/ultra-vires\/","title":{"rendered":"Ultra Vires"},"content":{"rendered":"

In law, ultra vires describes actions taken by an entity that fall outside of its legal power or authority. The term is often used in relation to corporations, as it describes actions taken by the corporation that are not within the scope of its charter or articles of incorporation. Additionally, ultra vires actions can void contracts and other legal agreements entered into by the corporation.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

In law, ultra vires describes actions taken by an entity that fall outside of its legal power or authority. The term is often used in relation to corporations, as it describes actions taken by the corporation that are not within the scope of its charter or articles of incorporation. Additionally, ultra vires actions can void …<\/p>\n

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