Glossary: Corporate Minute Book

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Corporate Minute Book



Corporate Minute Book - Your Corporate Minute Book is the mother lode of evidence for creditors, other plaintiffs and the IRS. As a director, officer and/or shareholder of your private corporation, you can be hurt as much (or even more) by what is not discussed and approved, adopted or ratified in your corporate minute book as by what is in it.


Disclaimer: The foregoing is intended to provide general information and may not be suitable in specific instances. The glossary information is not intended to be exhaustive, but rather to illustrate typical considerations. The material is provided with the understanding that it is not legal, accounting, tax or any other professional advice.
 


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