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Articles tagged with: update corporate minute book

Sep20

How and Why You Should Keep Your Corporation's Minute Book Up to Date

Categories // Updates

A corporation’s minute book is a story of the corporation’s life from beginning (incorporation) to end (dissolution). Although maintaining a full and complete corporate record is likely the last thing on a business owner’s mind, it can critical and essential that your minute book is updated to acknowledge the current state of affairs of the corporation. Minute books are relied upon by lawyers, accountants, lenders and third party purchasers for various important reasons, and an updated minute book provides certainty in many critical situations. Moreover, a current and accurate minute book is mandated by law.

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