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Articles of association

In corporate governance, a company's articles of association (called articles of incorporation in some jurisdictions) is a document which, along with the memorandum of association (in cases where the memorandum exists) form the company's constitution, defines the responsibilities of the directors, the kind of business to be undertaken, and the means by which the shareholders exert control over the board of directors.

Usage examples of "articles of association".

The Governor dissolved us: but we met the next day in the Apollo of the Raleigh tavern, formed ourselves into a voluntary convention, drew up articles of association against the use of any merchandise imported from Gr.

They've little more than a 5 percent holding in most of their subsidiaries yet they still exercise absolute control by special voting shares, or by making it mandatory in the Articles of Association that their tai-pan's also tai-pan of the subsidiary with overriding say.