Form with which the stockholders of a corporation record the contents of their first meeting.
Form with which the stockholders of a corporation record the contents of their first meeting.
Generally speaking, in order to be legally binding, general meeting minutes must be signed by general meeting officials and sometimes by certain other participants. The articles of association provide the answers on this matter.
Each member should then review and comment on a draft of the minutes after the meeting. Once the final version of the minutes is approved and officially signed by the secretary of the meeting, management should refrain from making further changes to the minutes.
Many organizations require that the presiding officer and recording secretary sign the minutes once approved, she adds, so it's important to check your bylaws to ensure the proper signatures are included. The minutes should reflect what took place in motions — the action of the board, not the dialogue, says Bowie.
Generally speaking, in order to be legally binding, general meeting minutes must be signed by general meeting officials and sometimes by certain other participants.
6.2 Minutes of a General Meeting should be signed and dated by the Chairman of the meeting or in the event of death or inability of the Chairman, by any director duly authorized by the Board for the purpose, within thirty days of the General Meeting.
Approve the minutes: Once corrections are complete, the chair asks for a motion to approve the minutes. One member makes the motion, a second member approves it, and the chair calls for a vote. The approval of meeting minutes goes through with a majority vote.
In most cases, the meeting secretary will sign the approved copy of the minutes, while some boards require all present board members to sign the approved minutes.
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