Definicija: set out how the company is run, governed and owned. The articles of association will therefore include the responsibilities and powers of the directors and the means by which the members exert control over the board of directors. Both a memorandum of association and articles of association are required for a company formed in the UK under the Companies Act 2006.
Vir definicije: Memorandum and articles of association explained, Inform Direct
Opomba: v anglosaškem pravu se z 'articles of association' ustanovijo vse vrste družb
Definicija: document that is filed with the Secretary of State by the individuals organizing the corporation. The state then issues a Certificate of Incorporation that legally entitles a corporation to operate as a business within the state. The Articles of Incorporation describe the purpose of the corporation as well as the share structure. The Articles will also list the names of the individuals who are acting as incorporators for the corporation and may also list the names of the individuals acting as initial directors for the corporation