Articles of Agreement Law and Legal Definition
Articles of agreement are the fouding document of an entity. They set forth, among other provisions, the purpose and main powers of the entity, voting rights of members, and limitations. It is similar to articles of incoprporation, but more commonly used to refer to the founding document of a non-profit organization.
The following is a sample outline of articles of agreement:
Membership and Capital
Organization and Management
Withdrawal, Suspension of Membership; Suspension of Operations
Status, Immunities and Privileges
Interpretation and Arbitration