lundi 23 juin 2014

All You Need To Know About Corporate Minute Books

By Sherry Gross


The different activities which a company undertakes are normally recorded in this type of a book. Whenever there is an official meeting in an organization, the corporate minute books must be updated. The owner of any business can record the information they discuss when they meet on a book like this.

These documents are usually handwritten and their page numbers are well written in a secure manner. This is usually meant to keep the records safe from any fraudulent activity. Handwritten books are more secure since it is hard to temper with them. Apart from being hard to forge, people use them to maintain the traditional way of handling such documentation.

Corporations are required by the law to keep records of this nature at any one given time. The information contained in this document should be accessible to any member of the corporation at any time. Apart from availing them to the shareholders, they should also be kept safely. Another thing is that the minutes must be within the main office of the corporation.

Apart from those used by the corporations, there are others which are used even in a courtroom. Usually, the courtroom deputies are the ones in charge of such records. The deputies are usually chosen as the keepers of such books. They can update them when hearings and trials are in progress. In the same way, the secretaries in a corporation are the ones responsible when it comes to updating such records when meetings are in progress.

Due to changes in technology, people have changed the way in which they conduct recording. There are some businesses which are now opting to typing rather than the traditional method of using freehand. The secretary usually types the minutes as the meeting is ongoing and then files the printout. Before the documents are filed, some selected signatories have to sign them. This helps in curbing fraudulent practices.

The book is used in storing various documents that are of importance to the corporation. It usually stores bylaws, annual reports as well as corporate articles. The different meetings and the deliberations made are also recorded. They mostly keep record of the meetings held between the shareholders and the directors. They hardly store information about a meeting between the directors themselves.

There are many people who use the information contained in this document for different purposes. There are those who would like to know the history of the corporation and there are others who want to know the current performance. The current performance can easily be compared to that of the past years. The comparison can be of the different managerial teams as well as financial performance.

These books are not made in any special way or material. They can be purchased from any local bookshop or any other store which sells them. There are those which are numbered and others which are not.




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