InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,307.01
(
-0.27%
)
US TECH 100
18,391.60
(
0.90%
)
Dow Jones
39,671.04
(
-0.51%
)
Brent Oil
82.37
(
1.02%
)
Bitcoin
69,714.16
(
0.88%
)
Post# of 96904
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Scruffer

Send PM Follow Ignore
Followers 21
Posts 2302
Boards Moderated 0
Alias Born 06/19/2017

Scruffer

Re: rockie101 post# 91841

Tuesday, 09/28/2021 8:42:28 PM

Tuesday, September 28, 2021 8:42:28 PM

Post# of 96904
Joy b/c Carter engaged in "Ultra Vires Acts".

"The law is clearly on our side too".

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166100396

Ultra vires acts are any acts that lie beyond the authority of a corporation to perform. Ultra vires acts fall outside the powers that are specifically listed in a corporate charter or law. This can also refer to any action that is specifically prohibited by the corporate charter.

The roots of the term are from a Latin phrase that means beyond the power.

These acts cannot be legally defended in court. They will, in fact, leave the corporation vulnerable to lawsuits by employees or other parties.

https://www.investopedia.com/terms/u/ultra-vires-acts.asp

KAMAL KIAN vs. WILLIAM R. CARTER
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165980409

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up