What effect does the articles of association have on shareholders?

Legal analysis: 1. The effect of the articles of association on the company. The effectiveness of the company's rules and regulations is that the company's own behavior is bound by the company's rules and regulations. Specifically, first, the company should organize the company according to its rules and regulations, such as power organization, transaction performance and business decision-making organization and supervision organization, and exercise its functions and powers according to the scope of authority of the rules and regulations; Second, a company should use the name specified in its articles of association to engage in business activities within the business scale specified in its articles of association. Third, the company is responsible to shareholders according to its articles of association. If the rights of shareholders are infringed by the company, they can make representations to the company.

2. The effect of the company's regulations on shareholders. The company's rules and regulations are formulated by the company's shareholders and are binding on them. This binding force is not limited to the shareholders who drafted and drafted the articles of association, but also includes the shareholders who later joined the company, which is determined by the autonomy of the articles of association. The effectiveness of the company's rules and regulations on shareholders is mainly manifested in the fact that shareholders enjoy rights and assume responsibilities according to the rules and regulations. For example, shareholders have the right to attend shareholders' meetings, exercise voting rights, transfer capital contributions, consult relevant disclosure materials, and receive dividends. They are jointly responsible for paying the subscribed capital contribution and other responsibilities stipulated in the Articles of Association.

3. The effectiveness of the company's regulations on directors, supervisors and senior managers. The effectiveness of the company's rules and regulations on directors, supervisors and senior managers lies in that the directors, supervisors and senior managers of the company should abide by the company's rules and regulations and exercise their functions and powers in accordance with the company's laws and regulations. If the behavior of directors, supervisors and senior managers exceeds the scope of authority given to them by the articles of association. It should be responsible to the company for its actions.

Legal basis: People's Republic of China (PRC) Company Law.

Article 23 The articles of association of a limited liability company must be formulated by shareholders ". In other words, the articles of association were formulated before the company was established.

Article 11 To establish a company, the articles of association must be formulated according to law. The company's rules and regulations are binding on the company, shareholders, directors, supervisors and senior managers.