Difference between Ultra Vires and Preemptive Right

ULTRA VIRES vs PREEMPTIVE RIGHT: NOUN

The right of shareholders to maintain a constant percentage of a company's shares by receiving a proportionate fraction of any new shares issued, thus preempting any dilution
The right of a company's existing stockholders to purchase enough shares to maintain their overall ownership percentage in the event of a new stock issue.
The right granting to shareholders the first opportunity to buy a new issue of stock; provides protection against dilution of the shareholder's ownership interest

Beyond power; transcending authority; -- a phrase used frequently in relation to acts or enactments by corporations in excess of their chartered or statutory rights.
Beyond one's power; specifically, beyond the legal or constitutional power of a person, court, or corporation.

Null, Contravened, Justiciable, Mala fide, Nullity, Lawful, Prohibitory, Unlawful, Unenforceable, Inapplicable, Statutory, Unconstitutional, Contravention, Violative, Intra vires

Judgment in personam, Fundamental law, Public law, Impleader, Judicial review, Acceleration clause, Right of entry, Legal right, Statute law, Cause of action, Lawgiving, Rule of evidence, Legal principle, Preempt, Preemption

Null, Contravened, Justiciable, Mala fide, Nullity, Lawful, Prohibitory, Unlawful, Unenforceable, Inapplicable, Statutory, Unconstitutional, Contravention, Violative, Intra vires

Judgment in personam, Fundamental law, Public law, Impleader, Judicial review, Acceleration clause, Right of entry, Legal right, Statute law, Cause of action, Lawgiving, Rule of evidence, Legal principle, Preempt, Preemption

Remedios para evitar la responsabilidad ultra vires hereditatis.
Circular being declared ultra vires, void and invalid.
This became known as the ultra vires doctrine.
Ultra vires unavailable to invalidate transfers of property.
It is simply because we are ultra vires.
And this was ultra vires the federal government.
Ultra vires contract: A contract of a corporation which is ultra vires is void ab initio and of no legal effect.
How can it be ultra vires if it has no vires to be ultra?
All, including adjudicators, QCAT, BCC solicitors and counsel, real estate agent and employee heaped ultra vires incompetence upon ultra vires incompetence.
Companies Act, Memorandurn Association, and Ultra vires the Articles act done contrary to in scope of ultra vires Act.

No Lender will be required to commit, nor shall any Lender have any preemptive right, to provide any portion of such increase.
Limit, deny, or grant to shareholders of a class the preemptive right to acquire shares of the corporation.
Each of our shareholders has a general preemptive right to subscribe for shares in any capital increase, in proportion to his or her shareholding.
Articles of Association, this preemptive right does not apply to any issuance of shares to associates.
But measures like these are largely preemptive right now, since 3D-printed guns are still highly experimental, unreliable, and expensive.
The Association is informed that Algonquin presently contemplating the issue of additional common stock under preemptive right.
The validity duration of the preemptive right is an essential element to make it effective.
This preemptive right can be found when buying options, investment securities, and during mergers.