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In this episode of Whiteboard Thursday, Nicholas Campion from 1st Formations discusses the importance and necessity of articles of association for limited companies in the UK. He explains that these articles serve as the main constitutional document, established during incorporation, outlining the rules and regulations for the company and its officers. All limited companies must have these articles to operate legally. The tutorial also touches on Model articles and the memorandum of association, highlighting their relevance in the context of company formation. Campion encourages viewers to like and share the video if they find it helpful.
