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Memorandum And Articles Of Association Charity Template for Nigeria

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Key Requirements PROMPT example:

Memorandum And Articles Of Association Charity

"I need a Memorandum and Articles of Association Charity document for a new educational charity that will operate across multiple states in Nigeria, with provisions for both local and international funding sources, and a governance structure that includes a board of 7 trustees and an advisory committee."

Document background
The Memorandum and Articles of Association Charity is a mandatory legal document required when establishing a charitable organization in Nigeria. It must comply with the Companies and Allied Matters Act (CAMA) 2020 and is filed with the Corporate Affairs Commission. This document is essential for any organization seeking to operate as a registered charity in Nigeria, as it defines the organization's charitable purposes, governance structure, and operational framework. It includes crucial information about the charity's objectives, powers, trustee appointments, membership rules, financial management, and dissolution procedures. The document serves as the foundation for the charity's legal existence and provides a framework for its activities, decision-making processes, and accountability mechanisms.
Suggested Sections

1. Preliminary: Contains the name of the organization and interpretation clause defining key terms used throughout the document

2. Name and Location: States the official name of the charity and its registered office address in Nigeria

3. Objects: Detailed description of the charitable purposes and objectives of the organization

4. Powers: Lists the powers of the organization to carry out its charitable objectives

5. Limitation on Private Benefits: Provisions ensuring the charity's assets and income are used solely for charitable purposes

6. Membership: Defines classes of membership, admission procedures, and rights of members

7. Board of Trustees: Composition, appointment, removal, and powers of the board of trustees

8. Meetings: Procedures for general meetings, board meetings, and voting processes

9. Financial Provisions: Rules regarding financial management, accounts, and audit requirements

10. Amendments: Procedures for altering the Memorandum and Articles

11. Dissolution: Provisions for winding up and asset distribution to other charities

Optional Sections

1. Advisory Board: Section establishing an advisory board - recommended for larger charities requiring additional expertise

2. Branches: Provisions for establishing and managing branch offices - needed if the charity plans to operate in multiple locations

3. International Operations: Specific provisions for international activities - required if the charity plans to operate beyond Nigeria

4. Seal: Provisions regarding the common seal - optional under CAMA 2020 but may be included if desired

5. Indemnity: Provisions for indemnifying trustees and officers - recommended for larger organizations

6. Conflict Resolution: Detailed procedures for resolving internal disputes - recommended for larger organizations

Suggested Schedules

1. Schedule 1: Initial Trustees: List of founding trustees with their details and signatures

2. Schedule 2: Specific Powers: Detailed enumeration of the specific powers granted to achieve charitable objectives

3. Schedule 3: Standing Orders: Detailed procedures for conduct of meetings and administrative matters

4. Schedule 4: Membership Categories: Detailed description of different membership categories and their rights

5. Appendix A: Forms: Standard forms for membership applications, proxy voting, and other administrative processes

6. Appendix B: Code of Conduct: Ethical guidelines and conduct expectations for trustees and members

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions













































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Relevant Industries

Healthcare

Education

Poverty Alleviation

Environmental Conservation

Religious Organizations

Social Services

Arts and Culture

Sports and Recreation

Community Development

Research and Development

Humanitarian Aid

Child Welfare

Elderly Care

Disability Support

Women Empowerment

Relevant Teams

Legal

Compliance

Board of Directors

Executive Leadership

Administration

Finance

Operations

Governance

Risk Management

Corporate Secretariat

Relevant Roles

Chief Executive Officer

Executive Director

Board Chairman

Trustee

Company Secretary

Legal Counsel

Compliance Officer

Finance Director

Operations Director

Program Manager

Risk Manager

Governance Officer

Administrative Officer

Board Member

Charity Commissioner

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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