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Articles of association are critical documents to corporate operations, as they may regulate both internal and external affairs. [ 1 ] Articles of incorporation , also referred to as the certificate of incorporation or the corporate charter , is a document or charter that establishes the existence of a corporation in the United States and Canada .
Original Articles of Association, p. 1 See also: Pages 2 and 3 For printed text of the entire document see: WikiSource. The articles of the Continental Association imposed an immediate ban on British tea, and a ban beginning on December 1, 1774, on importing or consuming any goods from Britain, Ireland, and the British West Indies. It also ...
By convention, most common law jurisdictions divide the constitutional documents of companies into two separate documents: [1]. the Memorandum of Association (in some countries referred to as the Articles of Incorporation) is the primary document, and will generally regulate the company's activities with the outside world, such as the company's objects and powers.
Alabama (1958) that freedom of association is an essential part of freedom of speech because, in many cases, people can engage in effective speech only when they join with others. [7] Other Supreme Court cases involving freedom of association issues include: [8] Brotherhood of Railroad Trainmen v. Virginia, 377 U.S. 1 (1964) United Mine Workers v.
That share is considered to pass to the other members of the association upon the death or resignation of the member. [15] The holding may then either be considered absolute, or on trust for the membership as a whole, but it is the role of contract in each case to determine the rights of members, including the officers, to apply the money. [16]
The memorandum no longer restricts the activities of a company. Since 1 October 2009, if a company's constitution contains any restrictions on the objects at all, those restrictions will form part of the articles of association. Historically, a company's memorandum of association contained an objects clause, which limited its capacity to act.
These include the organization being organized as a corporation, trust, or unincorporated association. The organization's organizing document (such as the articles of incorporation, trust documents, or articles of association) must limit its purposes to being charitable and permanently dedicate its assets to charitable purposes.
This page was last edited on 28 September 2009, at 23:02 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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