- articles of association
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articles of association1: the instrument under which an association is organized
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- Articles of Association
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The Memorandum of Association is the first constitutional document of a company containing fundamentals such as the name, the company's objects and powers, and its original share capital. Any restrictions on the company in the Memorandum are no longer of material significance, at least for third parties dealing with the company. The Articles of Association contain the internal regulations and bye-laws covering procedure, shares, meetings, directors and other administrative issues and are commonly based on Table A.
Easyform Glossary of Law Terms. — UK law terms.
- articles of association
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regulations governing the mode of conduct of business of an incorporated company and its internal organisation. They constitute, together with the memorandum of association, the contract between company members and the company. In the case of a company limited by shares, Table A of the Companies Act 1985 may be taken as the company's articles if not otherwise expressly provided.
Collins dictionary of law. W. J. Stewart. 2001.
- articles of association
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articles of association, Known as articles. One of the constitutional documents of a company which set out the basic management and administrative structure of the company. They regulate the internal affairs of the company including, for example, the issue and transfer of shares, board and shareholder meetings, powers and duties of directors, dividends, borrowing powers and so on. The articles are a public document open to inspection at Companies House. They create a contract between the company and each of its members in their capacity as members. Companies have freedom in drafting their articles although they are subject to relevant provisions of the Companies Acts. Companies limited by shares incorporated before 1 October 2009 may have chosen to adopt standard articles as prescribed by Table A. Companies incorporated on or after 1 October 2009 may adopt the model articles set out in the Companies (Model Articles) Regulations 2008 (SI 2008/3229) .
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
- articles of association
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n. A written agreement legally creating an association and sets forth the purpose and rules of the organization.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.