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Board minutes refers to instant notes or take away pointers of any meeting or a hearing in court. Events or protocols are recorded (either on a computer, paper, or even on audio) to be referred upon at a later stage. A board minute is to be treated as a legal and official record of the meeting, attended by all the board members of a company. Board members are a group of individuals that are elected to represent the company, and take decisions on major company issues.
Board minutes should be accurate and can be considered as a legal evidence in the court of law. It has to be transcripted (written down) or worded in a simple manner. Some of the companies even audio-record board minutes for accuracy. Notes of a board meeting can be used to solve issues in a company and to deploy better management skills for the betterment of any company.
The details that a board minutes should capture are: