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Answer: legal and statutory reserves There is no difference. Both legal and statutory reserves are reserves that must be maintained by law. The previous answer ("Legal reserves are stipulated by law, while statutory reserves are determined in the Articles of Association (the Statute of a company)") is incorrect: the primary meaning of 'statutes' is 'enacted laws'
If there is a conflict between the Articles of Association and Memorandum of Association, the Memorandum of Association prevails.
whar is memorandum of association
Usually the declaration (decs) includes the Articles of Incorporation for the association, the covenants, conditions, restrictions and reservations (CC&Rs), and the by-laws.The Articles of Incorporation facilitate the association's ability to legally do business with a state, usually as a non-profit corporation.The CC&Rs -- you can think of them as the constitution for the association: they are not easy to change or amend.By-laws -- you can think of them as the 'rules': they are easier than the CC&Rs to change or amend.In addition, the board may pass Resolutions regarding specific issues, such as the process for collecting assessments, establishing rental restrictions, move-in/ move-out guidelines and fees, responsibilities for bank-owned units, and so forth.All of these documents make up the governing documents for an association.
The following documents are required: *Memorandum of association *Articles of association *Prospectus
Articles of Association Memorandum....
The Articles of Association, the Declaration of Independence, the Articles of Confederation, and the Constitution.
they both have the same state of amarica
One can find information about the bar association by reading the Law Today magazine. This magazine has many informative articles on the bar association in it.
They are both required for the legal registration of. Company
Yes there are many articles you can write. If you go to the AMA website you can for a fee get professional written articles that can give you all that you need.