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In this episode of Whiteboard Thursday, Nicholas Campion from 1st Formations discusses the articles of association, emphasizing their necessity and purpose for limited companies in the UK. He explains that all such companies must have articles of association, which serve as their main constitutional document. This document is adopted during incorporation and outlines the legal rules and regulations that govern the company and its officers. Additionally, Campion addresses Model articles and briefly touches on the memorandum of association, providing essential insights for understanding company governance.