memorandum of association


Memorandum of Association
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. In the past companies could avoid activities which fell outside their express powers as shown in the Memorandum (the "ultra vires" doctrine). This rule no longer applies, 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. It is commonly based on Table A.

Easyform Glossary of Law Terms. — UK law terms.


memorandum of association
the primary constitutional document of a company. It must be drawn up when a company is formed and signed by two or more founder members. It must state the company's name and registered office, the purposes for which it was formed, the amount, if any, of its authorised capital and, where appropriate, that it is a limited (or public limited) company.

Collins dictionary of law. . 2001.


memorandum of association
A constitutional document of a company which states its name, domicile (England and Wales or Scotland), objects, liability, capital and (in the case of public companies) a declaration of its status. It thus regulates a company's dealings with the outside world. The memorandum must be submitted to Companies House before registration and may be inspected and copied by anyone.
For further information, see the Companies House website .

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • Memorandum of association — The memorandum of association of a company, often simply called the memorandum (and then often capitalised as an abbreviation for the official name, which is a proper noun and usually includes other words), is the document that governs the… …   Wikipedia

  • memorandum of association — a legal document that lays down the objects of a registered company and details of the regulation of the company s business dealings. It is one of the two fundamental documents upon which registration of any company is based. See articles of… …   Financial and business terms

  • Memorandum of Association — A constitutional document of a company, detailing its name, its registered office, the fact that it has limited liability, its trading objects and other relevant facts. Dresdner Kleinwort Wasserstein financial glossary See also Articles of… …   Financial and business terms

  • memorandum of association — English law : a document resembling articles of association in the United States which in case of a company to be formed legally must be executed and filed to form the charter of the company * * * memorandum of association noun A legal document… …   Useful english dictionary

  • memorandum of association — An official document setting out the details of a company s existence. It must be signed by the first subscribers and must contain the following information (as it applies to the company in question): • the company name; • the address of the… …   Accounting dictionary

  • memorandum of association — An official document setting out the details of a company s existence. It must be signed by the first subscribers and must contain the following information: • the company name; • the address of the registered office; • the objects of the company …   Big dictionary of business and management

  • memorandum of association — noun a formal document constituting the charter of incorporation of a company …   Australian English dictionary

  • memorandum of association — Same as articles of incorporation …   Ballentine's law dictionary

  • association — as‧so‧ci‧a‧tion [əˌsəʊsiˈeɪʆn, əˌsəʊʆi ǁ əˌsoʊ ] written abbreviation assn noun [countable] ORGANIZATIONS a group of people or organizations who have the same aims or do the same kind of work: • the National Association of Purchasing Managers… …   Financial and business terms

  • Memorandum — Memoranda redirects here. For the open source personal information manager software, see Memoranda (software). For the documentary of the same name, see Memorandum (film). For the record label, see Memorandum Recordings. A memorandum (abbrev.:… …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.