Corporate minutes memorialize actions voted on and authorized by the corporation’s shareholders and directors at duly noticed meetings. Keeping these minutes up to date is critical to maintain the corporation’s liability shield, because without them, a claim could be made that the corporation as an entity separate from its shareholders wasn’t being treated seriously and so loses its shield. The Secretary of the corporation is typically the person in charge of keeping track of the corporate records, including its minutes. Minutes are sometimes referred to as consents or resolutions, depending on how they’re drafted.