Permanent and formal records of business conducted and resolutions adopted at a meeting of the board of directors or shareholders. Once accepted at the next meeting, the minutes become an official representation of the previous meeting and can be used as prima facie evidence in legal matters.
Definition from Nolo’s Plain-English Law Dictionary
1) The written record of meetings, particularly of boards of directors or shareholders of corporations, kept by the secretary of the corporation or organization. 2) The record of courtroom proceedings, such as the start and recess of hearings and trials, names of attorneys, witnesses, and rulings of the court, kept by the clerk of the court or the judge.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:19 pm