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The memorandum of association of a company is an important corporate document in certain jurisdictions. It is often simply referred to as the memorandum. In the UK, it has to be filed with the Registrar of Companies during the process of incorporation of a company. It is the document that regulates the company's external affairs, [1] and ...
t. e. In corporate governance, a company's articles of association (AoA, called articles of incorporation in some jurisdictions) is a document that, along with the memorandum of association (in cases where it exists) forms the company's constitution. The AoA defines the responsibilities of the directors, the kind of business to be undertaken ...
A memorandum of understanding (MoU) is a type of agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. [1] It is often used either in cases where parties do not imply a legal commitment or in situations where the parties cannot ...
A memorandum (pl.: memorandums[ 1 ][ 2 ][ 3 ] or memoranda; from the Latin memorandum, " (that) which is to be remembered"), also known as a briefing note, is a written message that is typically used in a professional setting. Commonly abbreviated memo, these messages are usually brief and are designed to be easily and quickly understood.
The memorandum of association (or articles of incorporation) is the primary document, and will generally regulate the company's activities with the outside world. It states which objects the company is meant to follow (e.g. "this company makes automobiles") and specifies the authorised share capital of the company.
The Continental Association, also known as the Articles of Association or simply the Association, was an agreement among the American colonies adopted by the First Continental Congress in Philadelphia on October 20, 1774. It was a result of the escalating American Revolution and called for a trade boycott against British merchants by the colonies.
An annual general meeting (AGM, also known as the annual meeting) is a meeting of the general membership of an organization. These organizations include membership associations and companies with shareholders. These meetings may be required by law or by the constitution, charter, or by-laws governing the body.
The memorandum of association must show the names of the people who have agreed to take shares and the number of shares each will take. These people are called the subscribers. There is a minimum share capital for public limited companies: before it can start business, it must have allotted shares to the value of at least £50,000.