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How to model article

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What is a model article in a company?

All limited companies must have articles of association. These set the rules company officers must follow when running their companies. Model articles of association are the standard default articles a company can use. They are prescribed by the Companies Act 2006.

How do you cite a model article?

To cite a Model Article, use the template below: Title | year, | SI year/ | number, | pinpoint. The pinpoint is the part of the reference which says exactly where in the Statutory Instrument you are citing from.

Do Model Articles automatically apply?

The Model Articles automatically apply to a company, unless a company chooses to adopt an amended version of the Model Articles or adopt bespoke articles of association.

What is Article 14 of Model Articles?

Model article 14 concerns a directors interest in a proposed transaction or arrangement with the company and provides that each director must declare the nature and extent of any such interest to the other directors.

What sort of provisions are included in the model articles?

Model Articles: the Model Articles fall back on the Companies Act to set out the provisions to remove a director, which requires a shareholders resolution to be passed at a meeting and special notice of 28 clear days must be given for the meeting.

What is the meaning of model articles?

The Model articles of association is a legal document containing the standard default provisions that regulate how a company is run. As part of a limited companys constitution, articles specify the internal rules and regulations that must be followed by a companys members and directors.

What are Model Articles UK?

Model articles of association are the standard default articles a company can use. They are prescribed by the Companies Act 2006.

What is the difference between articles of association and Model Articles?

Articles of Association are a set of rules which forms part of the constitution of the Company. It governs the running of the company. A model set of articles provided by the Companies Act 2006 [1] works as set of rules now for those setting up company.

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