Transform your daily workflows and Move Page Minutes Of Shareholders' Meeting

Aug 6th, 2022
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How to Move Page Minutes Of Shareholders' Meeting

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good evening and welcome to this evenings webinar the art and science of writing board and committee minutes this webinar will be led by Sharon Dutch bond before we start Id like to take you through a few housekeeping points the slides will be available on our SlideShare page and the recording of the webinar will also be available to download we will send you the links to both within a week after the webinar at the end of the webinar will be a post webinar survey please do take the time to fill it out for us you can type your questions throughout the session as they occur to you and we will allocate time at the end for the speaker to address your questions Ill pass it over to Sharon now I hope you enjoy the webinar thank you for joining in good afternoon everybody okay so were just sitting up here and were on to just an introductory slide as to who I am and some of the recommendations that we can give to you if youre looking for more information about minutes so my name is sharo

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Corrections to meeting minutes can be made when they are first distributed, considered for approval, or even after they have been approved. If the minutes have already been approved, then a Motion to Amend Something Previously Adopted will need to be made and considered at a subsequent meeting.
Minutes should be typed up and circulated within a week (maximum) of the meeting. Circulate a copy of the minutes by post or email to all those present, those who sent apologies and anyone who needs to receive a copy for information.
If one of them spots a factual error, the secretary can change it before the next meeting. They can then send out a revised draft or note the change in the next meetings minutes. If the secretary does send out a revised draft, its important to use file names that make it clear which is the amended version.
If any changes or corrections are offered to the minutes, a motion must be made, seconded, and passed with a vote. They must provide the exact wording for their suggestion. If a member does not approve of the proposed correction, they can make a motion to amend the minutes with an alternative correction.
The Law Requires Corporate Minutes to Be Kept. The California Corporations Code requires each corporation to keep adequate and correct written minutes of shareholder and board of directors proceedings (Corporations Code 1500). Failure to comply with this statute may, in certain cases, result in negative consequences.
Meeting minutes serve as legal documents that may be examined when an organization is being investigated or sued. Therefore, it is important to keep accurate meeting records but not to include unnecessary information that could prove harmful in the future.
If any changes or corrections are offered to the minutes, a motion must be made, seconded, and passed with a vote. They must provide the exact wording for their suggestion. If a member does not approve of the proposed correction, they can make a motion to amend the minutes with an alternative correction.
What should be recorded in meeting minutes? Any actions taken (or agreed to be taken) during the meeting. Voting outcomes on proposals brought forward to the board. The outcome of motions (taken or rejected) Items to be held over to a meeting at a later date.

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