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In this episode of Whiteboard Thursday, Nicholas Campion from 1st Formations discusses the purpose and necessity of articles of association for UK limited companies. He explains that all UK limited companies must have articles of association, which serve as the main constitutional document outlining the rules and regulations that the company and its officers must adhere to. The articles are adopted during the incorporation process. Campion also touches on Model articles and the memorandum of association, emphasizing their relevance in establishing the foundational framework for a company's operations.
