Recording Corporate Minutes
Corporate minutes record the minutes of professional meetings. Corporations need meeting minutes to retain legal status. Minutes provide liability protection and show corporations follow regulations. Members can review minutes if reasonably requested. While minutes do not need to file with the state, they should be kept for seven years as important records for protecting corporation status.
Content of Minutes
The minutes should include the group name, date, time, location, attendee names, agenda, and decisions. To write corporate minutes: take notes, type up full minutes, circulate a draft per policy, distribute to board before the next meeting.
Compliance Actions
Actions to comply with regulations include: hold annual shareholder meetings, hold regular director meetings, record meeting minutes, comply with bylaws, act in the corporation’s best interest, use a corporate title, maintain records, file annual statements, pay taxes.
How do you record corporate minutes?
What is the proper way to record meeting minutes?