An "ultra vires" act will generally cause dissolution of the corporation.

Question

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An ultra vires act refers to an act performed by a corporation that is beyond the scope of its legal authority as defined by its articles of incorporation or bylaws. While such acts may be illegal or unenforceable, they do not typically result in immediate dissolution of the corporation. Instead, the corporation may face legal consequences or may need to take corrective action to address the unauthorized activity.

An "Ultra Vires" Act Will Generally Cause Dissolution of the Corporation