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of <h1>Company's Memorandum and Articles Legally Bind Members; Financial Obligations Are Debts Owed to the Company.</h1> The memorandum and articles of a company, once registered, legally bind both the company and its members as if each had personally signed them, obligating them to adhere to all provisions. Any financial obligations a member owes to the company under these documents are considered a debt owed to the company.
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