– The OMC, as a company, has a constitution. Before the 2014 revisions to the Company Law, a company’s constitution was known as the Memorandum of Association and Articles of Association, or simply “the Memo and Arts.”
– The rules governing the operation of the OMC, such as the selection of directors, voting rights of members, and the holding of company meetings, are outlined in the constitution.
– Individual OMC constitutions may differ in content, but they must comply with Company Law. The Companies Act of 2014 is the primary source of company law in Ireland.
– Your OMC constitution is a public document.
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