ULTRA VIRES CONTRACT SIGNED BY TREASURER INVALID, MA APP. PANEL RULES Varney Bros. Sand & Gravel v. Champagne | Secondary Sources | Westlaw

ULTRA VIRES CONTRACT SIGNED BY TREASURER INVALID, MA APP. PANEL RULES Varney Bros. Sand & Gravel v. Champagne | Secondary Sources | Westlaw

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ULTRA VIRES CONTRACT SIGNED BY TREASURER INVALID, MA APP. PANEL RULES Varney Bros. Sand & Gravel v. Champagne

14 No. 6 ANCODLLR 14Andrews Corporate Officers and Directors Liability Litigation Reporter (Approx. 2 pages)

ULTRA VIRES CONTRACT SIGNED BY TREASURER INVALID, MA APP. PANEL RULES Varney Bros. Sand & Gravel v. Champagne

14 No. 6 ANCODLLR 14Andrews Corporate Officers and Directors Liability Litigation Reporter (Approx. 2 pages)

14 No. 6 Andrews Corp. Off. & Directors Liab. Litig. Rep. 14
Andrews Corporate Officers and Directors Liability Litigation Reporter
January 25, 1999
Agency Liability
Copyright (c) 1999 Andrews Publications

ULTRA VIRES CONTRACT SIGNED BY TREASURER INVALID, MA APP. PANEL RULES

Varney Bros. Sand & Gravel v. Champagne

A contract signed by the corporate treasurer and obligating the company to pay a lifetime salary and benefits to his personal nursing attendant is not binding on the corporation, the Massachusetts Appeals Court has ruled. Varney Bros. Sand & Gravel...
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