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 ?
Drafting the articles of association is key to a company's incorporation and the scope of the company is the heart of the articles of association, which is the constitution of the company.
The governing body are said to be concerned Whyte may have breached their strict articles of association with regards to office-bearers of members clubs.
At the general shareholders' meeting held on November 11, the representatives of the Sofia Municipality voted for an amendment to the articles of association providing that decisions shall be taken by a majority vote, while decisions involving changes in the capital or the articles of association, etc, shall require a 2/3 majority to pass.
The new articles of association were adopted at the 118th AGM, held at Massington Farm, Eastnor Castle Estate, near Ledbury in Herefordshire.
Because of a requirement of the organization's Articles of Association, the organization will arrange an expanded executive committee meeting with additional representation from each of the seven regions to create the necessary quorum to conduct elections and other formal business of ICEVI that requires the approval of its general assembly.
Resolution 10 proposes a number of amendments to Aer Lingus' Articles of Association, the amendment which Ryanair is opposing is the provision that shareholders can only table resolutions for Extraordinary General Meetings (EGM's) at least 30 days in advance of an EGM.
Israel-based Internet Gold a[euro]" Golden Lines Ltd (Nasdaq:IGLD) (TASE:IGLD), a subsidiary of Eurocom Communications Ltd, said today that its shareholders have approved amendments to its Articles of Association.
Much of the meeting was devoted to a thorough review of the articles of association until unanimous agreement was reached on all its elements.
resolutions to amend the company's articles of association, including capital increases, mergers, divisions and winding up; 2.
The company had filed a motion to amend the Articles of Association of Volkswagen AG to fully reflect the judgment of the European Court of Justice (ECJ) on the VW Act given that the ECJ's ruling has a direct legal impact on the Articles of Association.
AMSTERDAM -- Ahold yesterday unveiled a proposal to amend its articles of association to permit a capital repayment and reverse stock split, in the wake of a March announcement of a proposal to return 3 billion euros to shareholders.
He said: "Under the new regime, provided a company has only one class of shares and the articles of association permit it, the directors will have the power to allot shares as they think fit.