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The articles of association of a company hold the regulations regarding the relationships between the shareholders and directors of the company as required under the law of the state. Articles of associations with the memorandum of association form the constitution of a company and it is known as articles of incorporation in United Sates. Articles of association cover the issuance of stocks, voting rights, dividends rights with different categorize of shares, restrictions on shares transference, rules for broad meetings and other such issues.
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