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Section 44. Ultra Vires Acts of the Corporations - Revised Corporation Code

Section 44. Ultra Vires Acts of the Corporations of Revised Corporation Code. Section 44. Ultra Vires Acts of the Corporations. - No corporation shall possess or exercise corporate powers other than those conferred by this

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Revised Corporation Code

Section 44. Ultra Vires Acts of the Corporations. - No corporation shall possess or exercise corporate powers other than those conferred by this Code or by its articles of incorporation and except as necessary or incidental to the exercise of the powers conferred.

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