Articles of agreement are similar to the articles of corporation that are filed by companies when becoming incorporated. While they bear many similarities, articles of agreement are usually used when creating a non-profit organization. These articles serve as a memorandum to both the state and those involved in the formation and practice of the organization.
Companies file similar documents called articles of organization. The purpose of the articles of agreement for an organization is to establish the purpose of the organization, as well as outline the rights and responsibilities of it's members. It also serves as a way to state the voting power of it's members, and to give an idea of directorial power in regards to the organization's direction. These articles are not always easy to write, and are often quite complicated documents. It is a good idea to start with the name and purpose of your organization. Be sure that you outline this information very clearly, so that it doesn't come into question down the line. Next you need to give information on capital, and membership information. Once again, it's important to be clear with the way you present this information. Next, cover the operations of your organization. This is, in part, similar to the first section of your articles, but is focuses more on how your organization does what it does, and covers the mechanics more thoroughly than in section one. Fourth, you should talk about organization and management of your corporation. This should include more info on hierarchy and what kind of responsibilities your management has. This is also the place to touch on what kind of powers your members hold in the grand scheme of things.
Then you should cover things like member withdrawl, and what kind of things would lead to suspension of membership, and the conditions under which you would suspend operations of your organization. Next, you have immunities that members have, as well as the privileges of being a member. Another section should be prepared for amendments that will or have been made to the articles of agreement. Interpretation and arbitration of the document should be covered, follow by final provisions. As you can see, this is a lengthy and complicated document, that is something that only the high ranking members of the organization are capable of relaying to paper. However, it is something that you could seek help on in the form of a business attorney. These attorneys can help you to word you articles effectively, as well as outline all of the information you should cover. As stated earlier, this type of document is used mostly for not for profit groups, corporations are required to file articles of incorporation instead.