This is the second part of our two-part series on board meeting minutes. The previous post, “Board Meeting Minutes – Part I” can be viewed here. The content and retention of board meeting minutes are also important in part because of who may inspect the minutes and why such inspection may occur. Directors Under the California […]
board meetings
Board Meeting Minutes – Part I
Board meeting minutes are an important but often undervalued form of recordkeeping for organizations. Minutes provide a memorialized chronology of key information such as board actions, elections of officers or directors, and certain reports from committees and staff. Additionally, meeting minutes can have important legal significance in an IRS examination and as evidence in courts if, […]