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Who is responsible to produce minutes of a meeting?

Who should record meeting minutes? The person taking meeting minutes can be a professional note-taker, such as an assistant who attends solely for the purpose of recording the meeting. However, meeting minutes can also be taken by one of the meeting participants.

Are minutes public documents?

Since minutes are public documents that members may ask to review, be clear on what to exclude. Avoid direct quotations; even without a name, the speaker may be identifiable. Dont report details of discussions, especially who said what.

Are meeting minutes mandatory?

State Requirements for Keeping Meeting Minutes 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.

Are meeting minutes binding?

They make up a legally binding documentthe ultimate source of truth for the boards activities. Minutes can be subpoenaed in the event of a lawsuit, or by the IRS, and board members can potentially be held liable for the way they voted on key decisions.

Who is responsible for meeting minutes?

Who should record meeting minutes? The person taking meeting minutes can be a professional note-taker, such as an assistant who attends solely for the purpose of recording the meeting. However, meeting minutes can also be taken by one of the meeting participants.

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