Ultra Vires

Business, Legal & Accounting Glossary

Definition: Ultra Vires


Quick Summary of Ultra Vires


Latin for “beyond powers.” It refers to conduct by a corporation or its officers that exceeds the powers granted by law.



Full Definition of Ultra Vires


Traditionally, the purpose of a corporation was closely spelt out in its articles of incorporation. If the corporation acted beyond its described purposes these actions were unenforceable against the corporation or by the corporation. However, most modern statutes allow corporate purposes to be any lawful activity.


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Ultra Vires. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 04, 2020 https://payrollheaven.com/define/ultra-vires/.
Chicago Manual of Style (CMS):
Ultra Vires. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/ultra-vires/ (accessed: July 04, 2020).
American Psychological Association (APA):
Ultra Vires. PayrollHeaven.com. Retrieved July 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/ultra-vires/

Definition Sources


Definitions for Ultra Vires are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 22nd April, 2020 | 0 Views.