188. Minutes of proceedings Flashcards
1
Q
- Minutes of proceedings
A
[188.01] This section is a procedural section regarding the company’s and its officers’ duties concerning the minutes of all meetings conducted by the company and its officers, i.e. the general meeting, and the directors’ and chief executive officers’ meetings. The minutes of all such meetings have to be recorded in the company’s books within one month from the date of the meeting that was held. It has to be signed by the chairman of the meeting that was held or by the chairman of the next succeeding meeting.
