Get the free MEMORANDUM OF ASSOCIATION of NOVA SCOTIA - nsraa

MEMORANDUM OF ASSOCIATION of NOVA SCOTIA RESIDENTIAL AGENCIES ASSOCIATION Revised April 5, 2001 1. The name of the Association is Nova Scotia Residential Agencies Association. 2. Statement of Purpose:

How to fill out memorandum of association of

Points on how to fill out memorandum of association:

1. Begin by stating the name of the company: In the memorandum of association, you need to clearly state the name of the company for which the document is being prepared. This is usually the first item of information mentioned.
2. Specify the registered office address: The registered office address is the official address of the company. It is important to provide this information accurately and ensure it is a valid address where the company can be contacted.
3. State the company's objectives and purpose: This section outlines the main activities and business goals of the company. It is important to clearly define the purpose of the company as it will guide its operations and activities.
4. Define the authorized share capital: The authorized share capital is the maximum amount of shares the company is authorized to issue. This section of the memorandum should clearly state the authorized share capital and the value of each share.
5. Explain the liability of the company's members: This section specifies whether the liability of the company's members is limited or unlimited. In the case of a limited liability company, the liability of its shareholders is limited to the amount unpaid on their shares.
6. Appoint the first directors: The memorandum of association should mention the names and addresses of the first directors of the company. These individuals are responsible for the management and decision-making within the company.
7. Indicate the subscribers: The subscribers are the individuals or entities that are initially investing in the company and becoming its shareholders. Their names and addresses should be mentioned in the memorandum.
8. Have the document signed and dated: After filling out all the necessary information, the memorandum of association should be signed and dated by all subscribers. This signifies their agreement and acceptance of the document's content.

Who needs memorandum of association of?

The memorandum of association is required for the formation of any company, whether it is a private limited company, public limited company, or limited liability partnership. It is a legal document that outlines the essential details of the company, its objectives, shareholders, and directors. Therefore, any individual or group of individuals looking to establish a company needs a memorandum of association to properly register and define the structure of their business.

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