They are documents that outline the tasks a board of directors should undertake within a company. Additionally they outline the type of business the company should practice and outline the control shareholders have over the board of directors.
The following documents are required: *Memorandum of association *Articles of association *Prospectus
The Articles of Association, the Declaration of Independence, the Articles of Confederation, and the Constitution.
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Articles of association are typically not confidential documents. They are usually filed with the relevant governmental authority during the incorporation of a company and are accessible to the public. However, the specific regulations regarding their confidentiality can vary by jurisdiction, so it's important to check local laws for any exceptions.
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An articles of incorporation is a document which, along with the memorandum of association, forms the constitution of a company, defines the responsibilities of the directors, and the kind of business which is to be undertaken.
Your governing documents may include Articles of Incorporation that will explain the business powers of the association. All associations operate under a set of governing documents that are developed based on state law.
If there is a conflict between the Articles of Association and Memorandum of Association, the Memorandum of Association prevails.
The purpose of the Articles of Association was to establish the rules and regulations for a company's internal management and operations.
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Read your governing documents to most fully understand the owner's responsibility to abide by them, and the association's responsibility to enforce the covenants, restrictions, conditions and reservations written there. Your governing documents spell out the steps to be taken by the association in their process of enforcing the rules. There is no standard: every association is a private democracy. Every owner agrees at time of purchase to abide by the guidelines written in the documents that govern that association.
Articles of Association (AOA) is the body of rules, directions and regulations for internal regulation of the company. The internal affairs of the company ie the affairs relating to members, directors, employee or employer are governed by the AOA of the company.