articles of association


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Articles of Incorporation

A document outlining the basic functions of a company. Among other things, it states whether it will be an S Corporation or a C Corporation and how many authorized shares there will be. It also states how its corporate governance and operations will work. A company that seeks to incorporate must file articles of incorporation with the appropriate authority. In the United States, that authority is usually the states and sometimes the federal government. It is also called a corporate charter or simply a charter. See also: Charter Amendment Limitations.

articles of association

the legal constitution of a JOINT-STOCK COMPANY which governs the internal relationship between the company and its members or SHAREHOLDERS. The articles govern the rights and duties of the membership and aspects of administration of the company They will contain, for instance, the powers of the directors, the conduct of meetings, the dividend and voting rights assigned to separate classes of shareholders, and other miscellaneous rules and regulations. See MEMORANDUM OF ASSOCIATION.

articles of association

the legal constitution of a JOINT-STOCK COMPANY that governs the internal relationship between the company and its members or SHAREHOLDERS. The articles govern the rights and duties of the membership and aspects of administration of the company. They will contain, for instance, the powers of the directors, the conduct of meetings, the dividend and voting rights assigned to separate classes of shareholders, and other miscellaneous rules and regulations.

See MEMORANDUM OF ASSOCIATION.

References in periodicals archive ?
Mr Beard said: "We recommend that companies review their shareholders' agreements and articles of association in light of these new standards, in order to prevent this happening
These provisions include sections that permit alterations of the articles of association by special resolution.
For this reason, the Board of Directors of the Company held on 27 August has decided to call an extraordinary general meeting on 13 October 2014 to amend the Company s articles of association and extend the term of the Company by 99 years as from the date of the meeting, i.
The head of the Bahraini delegation to the meeting stressed that the Kingdom hopes the committee would finalize its job by sufficient time in advance in order to allow the early submission of its outcomes to the Arab League Ministerial Council in its upcoming session and to include the proposed articles of association of the Arab Human Rights Court in the agenda of the upcoming Arab Summit meeting in the State of Kuwait in the last of March 2014.
Mr Al Refai, the primary defendant in the forgery of the Articles of Association case, has failed to attend any of the court hearings to date .
The High Criminal Court of the Kingdom of Bahrain has deferred the issuance of a ruling in the case raised against Majid Al-Refai, former Chief Executive Officer of Bank Alkhair, and the Canadian Lawyer, Robert Little, for the forging of the Articles of Association of Bank Alkhair (formerly Unicorn Investment Bank).
Clubs agreed to change the articles of association at the SFA agm to give stronger backing to officials targeted by players and managers.
The DCCA had rejected the request for registration of the amendments to the Articles of Association on compulsory redemption.
o have the power to delegate ratification of business decisions, the articles of association can specify that all business decisions must be ratified by the "shareholders" at the annual shareholders' meeting, thus avoiding centralized management.
To renew the authorization granted to the Board of Directors in Article 5 of Millicom's Articles of Association to issue new shares up to a share capital of USD 199,999,800 divided into 133,333,200 shares with a par value of USD 1.
M2 EQUITYBITES-April 19, 2017-Zealand Pharma amends Articles of Association following warrants grant
The bank's EGM has authorised the chairman and managing director or his designee to sign the amended Articles of Association and to take all necessary measures and/or actions to implement this resolution.