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Are meeting minutes required for a corporation?

Most states require that corporations hold regular shareholder meetings and keep minutes of such meetings. While S corporation meeting minutes are not required to be filed with the state, you should keep copies of meeting minutes with your corporate books and records.

How do you record meeting minutes for a corporation?

How to Write Meeting Minutes the name of the company, date, and location of the meeting. the type of meeting (annual board of directors meeting, special meeting, and so on.) the names and titles of the person chairing the meeting and the one taking minutes. the names of attendees and the names of those who did not attend.

Why do corporations keep minutes?

Though these minutes do not need to be filed with the state and can instead be kept with your corporate records, they are important documents for protecting your limited liability status and keeping track of the votes and decisions made by your business. In other words, meeting minutes keep you compliant.

What do corporate minutes need?

The minutes must include the name of the attendees at the meeting, the time and day of the meeting, as well as the focus and decisions made at the meeting. The minutes must record what happened at the meeting, even if nothing of importance occurred.