Ready. Set. Incorporate! https://www.readysetincorporate.com/faq-items/what-are-corporate-minutes/ Export date: Wed Apr 24 16:42:55 2024 / +0000 GMT |
What are corporate minutes?Corporate minutes memorialize actions voted on and authorized by the corporation's 1 shareholders 2 and directors 3 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 4 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. |
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Post date: 2020-02-19 17:26:59 Post date GMT: 2020-02-20 01:26:59 Post modified date: 2020-02-19 17:33:35 Post modified date GMT: 2020-02-20 01:33:35 |
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