Articles subscribed by the members of a joint- stock company or corporation organized under a general law, and which create the corporate union between them. Such articles are in the nature of a partnership agreement , and commonly specify the form of organization , amount of capital, kind of business to be pursued, location of the company, etc. Articles of association are to be distinguished from a charter. in that the latter is a grant of power from the sovereign or the legislature .
Black’s Law Online Dictionary
