The law of the state of in?corporation may restrict the implied powers of a corporation.

Question

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The law of the state of incorporation outlines the scope of powers that a corporation can exercise. The implied powers of a corporation may be limited by state law. For example, some states may restrict the power of a corporation to engage in certain types of business activities. As a result, corporations must ensure that they comply with both state and federal laws governing their operations.

The Law of the State of In?corporation May Restrict the Implied