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A053011EH3929086.3 ARTICLES OF ASSOCIATION of ABERFOYLE GEARED INCOME TRUST PLC (Incorporated in England and Wales on 15 March 2010 with registered number 7189761) (Adopted by special resolution passed
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01
Start by identifying the purpose and goals of your organization. This will help you determine the key provisions to include in the articles of association.
02
Decide on the legal structure of your organization. Depending on your country's laws, you may have different options such as a non-profit, for-profit, or limited liability company. Choose the structure that best suits your needs.
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Choose a name for your organization and ensure it is unique and compliant with the legal requirements in your jurisdiction.
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Determine the registered office address of your organization. This is the official address where all legal communications will be sent to.
05
Establish the roles and responsibilities of the directors or officers in your organization. Specify the powers and duties they will have.
06
Define the membership requirements, if applicable, and the rights and responsibilities of the members.
07
Outline the financial and accounting procedures that will be followed by the organization. Include details on how funds will be managed and how annual financial statements will be prepared.
08
Address any other specific provisions required by the laws in your jurisdiction, such as conflict of interest policies, voting procedures, or dissolution clauses.
09
Review and revise the drafted articles of association with the assistance of a legal professional to ensure compliance and accuracy.
10
Once the articles of association are finalized, they must be signed by the incorporators or founders of the organization and filed with the appropriate government agency.

Who needs articles of association?

01
Non-profit organizations: Non-profit organizations, such as charities, foundations, or associations, typically require articles of association to define their purpose, structure, and governance.
02
For-profit companies: Companies, whether small businesses or large corporations, also need articles of association to establish the rules and regulations for running the business, defining the rights and responsibilities of the shareholders or owners.
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Social enterprises: Social enterprises that aim to create a positive social or environmental impact while operating as a business entity often require articles of association to outline their unique structure and objectives.
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Articles of association are the internal rules governing the management and operation of a company.
Any company or corporation that is being formed or incorporated is required to file articles of association.
Articles of association can be filled out by providing information about the company's name, purpose, shareholders, directors, and any other relevant details.
The purpose of articles of association is to provide the framework for how a company is governed and operated.
Information such as the company's name, registered office address, purpose, shareholders, directors, and any specific rules about how the company will be run must be reported on articles of association.
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