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Home / Opinion Digests / Business Law / Corporate – Non-Stock Corporation – POAA – Ultra Vires (access required)

Corporate – Non-Stock Corporation – POAA – Ultra Vires (access required)

Homeowners in Olde Belhaven Towne, which is incorporated as a Virginia non-stock corporation, have stated a claim that defendant property owners’ association’s enactment of a Penalties Resolution to impose fines to enforce use restrictions was an ultra vires act, but a Fairfax Circuit Court dismisses the owners’ claim that an architectural review committee’s denial of ...

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