Minutes of the meetings are usually kept by the board of directors.

Minutes

The official written records of the discussions and decisions made during formal meetings.

Board Of Directors

The Board of Directors is a group of individuals elected to represent shareholders and oversee the management and major decisions of a corporation.

Grasp the procedural requirements for corporate meetings, including notice requirements and documentation like minutes.

Verified Answer

Final Answer :

False

Explanation :

Minutes of shareholders' meetings are usually kept by the secretary.

Learning Objectives

Grasp the procedural requirements for corporate meetings, including notice requirements and documentation like minutes.